Sure is a big win. All being well the Heads of Agreement will be finalized into a contract by the end of April and construction will begin 'pronto'. One suspects the arrangement of a hundrew MW of panel supply also announced is a gauge of the confidence that contract ratification is almost certain.
The WA 5,maybe 10 if all is well, MW photovoltaic plant being built in Western Australia is about the best Australia can do to match the Europeans.
CBD will be well placed to pick up the next round of funding after the lets-do-it-sometime-in-the-not-too-close-to-my-lifetime solar flagships projects die of boredom.
CBD Price at posting:
16.5¢ Sentiment: Hold Disclosure: Held