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Low prices for solar mean larger scale investments become viable

by LJW Solar on January 16, 2012

This article shows that projects are starting to become viable due to the falling price of solar panels and the rising price of power. In deals like this, the system owner needs to negotiate their own power purchasing agreement – which is often a wholesale price.

Macadamia farmer plans on installing solar farm
By Miranda Saunders

A NSW macadamia farmer is planning on installing more than 1500 solar panels on his farm.

Approval is being sought to build the solar farm on unproductive parts of a northern NSW macadamia farm.

Chris Van Den Bergh hopes to spend $1 million dollars on a solar farm for his property at Dunoon.

The solar panels will produce around 580 megawatts of power each year.

Mr Van Den Bergh says he’s negotiating with energy retailers for the best price, and says he can make money from the investment.

“Yeah on a northerly facing hill. That will include 1,600 panels, all together 2,700 square metres of solar panels,” he says.

Mr Van Den Bergh hopes to have it up and running by April or May.

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