Remarkable (and I am remarking) that CBD or its simulcra did not kick up on notice of the ACT's intention to legislate a major expansion of the FIT scheme to include an auction on PV power to the grid from commercial and soon after utility scale installations.
This would be a game changer for PV suppliers in Australia. CBD would seem to be ideally positioned to benefit because of its design and engineering capabilities as well as it parts business.
On top of the ACT, SA has announced a temporary increase in its FIT, and a more Green-responsive Labor government may have to dig the COAG agenda item of uniform Australia-wide FIT schemes at residential/commercial/utility scale schemes out of the circular filing cabinet where it went last year.
Silex (SLX) has a presentation in its announcement looking towards 180MW of PV installations this year, growing to 600MW by 2015.
Great times for the industry. Try and pick a winner.
http://www.abc.net.au/news/stories/2010/09/14/3010830.htm and http://www.energymatters.com.au/index.php?main_page=news_article&article_id=1028
CBD Price at posting:
14.0¢ Sentiment: Hold Disclosure: Held
