The 50MW Kidston solar farm has again topped the tables of the best performing solar assets in Australia – for the fourth month in a row – as Queensland’s superior winter sunshine enables its solar farms to dominate the latest ratings tables.
According to the latest monthly survey by research firm Rystad Energy, Kidston – owned by takeover target Genex Power and built next to an old open pit gold mine, that will soon host the country’s newest pumped hydro project – returned a capacity factor of 25.5 per cent in the month of July.
That put it ahead of Pacific Hydro Australia’s Haughton stage 1 solar farm (24.7 per cent) and Adani Australia’s Rugby Run solar farm (24.4 per cent). These three solar farms were also the best performing solar assets in June.
The top ranking performance is good news for Genex, which last month reported an average price of $184/MWh from the Kidston solar farm, for its output in the June quarter, thanks to the inflated wholesale prices in Queensland.