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Green Energy in Sight for Residents of Belconnen Real Estate

By Ben Faulks

Two new large scale solar farms that will be built in Canberra are set to bring a huge source of renewable energy to the city's residents.

Minister for the Environment and Sustainable Development Simon Corbell announced in an August 19 media release that the latest bidding stage of the ACT's Solar Auction process had been completed, and two winners had been selected.

Zhenfa Solar have been given the green light to build their 13 megawatt Mugga Lane Solar Park, while OneSun's 7 megawatt Capital Solar Farm will be based in Coree.

Mr Corbell outlined what the proposed farms will mean for owners of property in Canberra, including Belconnen and Gungahlin real estate.

"The ACT Solar Auction is delivering large scale renewable energy at an affordable price," he said.

"The maximum cost to households is expected to be 45 cents per week when all three farms are operating in 2016. This is forecast to drop to 27 cents per household per week by 2021."

According to the Australian Renewable Energy Agency (ARENA), Australia – as a country and as a continent – has the world's highest average solar radiation per square metre.

This makes for excellent conditions to develop solar energy, which the ACT government is acting upon to bring affordable, green energy to those in Belconnen and wider Canberra.

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