"It is rare to get an insight into the actual financial mechanics of Australia’s solar farms, given so few have actually finished construction, but the latest update from Genex Power, the owners of the new 50MW Kidston solar farm, makes for interesting reading.
It underlines why some developers and investors in Australia are prepared to take the risk on “going merchant” – in other words, selling the output of the electricity and large-scale renewable energy certificates into the spot market, rather than contracting to a third party."