Solar power seems to be a particularly fertile field for scamming governments at the moment. (Solyndra, anyone?) Criticising anything solar constitutes heresy, and project failures don't leave smoking craters surrounded by body parts.
Thanks Sufia. We have seen Gautam Adani's happy smiling face quite a few times in Australia. Don't you love politicians?? I support a group in Australia called GetUp, a citizen's action group, and they have been fairly successful in persuading most of the big banks not to fund Adani, but the governments (federal and state) here seem to be bending over backwards to get them over the line. Apparently the fact that the coal (and it's attendant emissions) will not be burned in Australia does not matter. Nor do the wishes of the traditional owners of the land. Nor do the majority of Australians. Don't you love politicians?? :-)
Yep DCH0.. grid stability has not been dealt with at all.. Connectivity is a major issue - many IPP developers were saying. But then..most of the infrastructural hurdles continue to pile up and these developers ( serious ones at least) plod on optimistically :)
Ah David.. Gautam Adani ( of the Adani group) and the Indian Prime Minster Narendra Modi are the best of friends - need I say more?
He makes no bones about the need for political patronage and was quoted as saying by Fortune in 2011 about his firm belief that "the business of infrastructure cannot be done without the blessings of the government".
Incidentally figures suggest that during Modi's tenure as chief minister of Gujarat ( before he became the PM), the group's revenue had soared from a paltry $ 765 million in 2002 to $ 8.8 billion in March 2014. What was rather conspicuous was the amount of debt that accumulated to $13 billion on the Adani group, according to a report.
AND your Queensland deal could well be part of it.
You mentioned the Adani group. These guys are not well regarded in Australia. They are trying to open a huge new coal mine in Queensland that alone will prevent Australia achieving its targets for the Paris climate agreement. Yet our government (who are the real villains in the piece) are bending over backwards to assist them, overturning all sorts of environmental and other requirements requirements to get it going. Please tell Mr Adani to stick to manufacturing solar panels and to leave our country alone! :-)
Thanks for an insightful article on this important part of the global economy.
Aside from the many problems stated in the article, there is the issue of grid stability. Since solar is variable, there needs to be enough other reserve on the grid to keep it stable. It is not mentioned here, but solar parks without roads makes me think it has not been dealt with.