The University of Queensland and First Solar have begun construction on a 3.275 megawatt solar photovoltaic research facility at 宅男导航’s Gatton campus.
It will be the largest solar photovoltaic (PV) research facility in the southern hemisphere and support innovation in Australia’s renewable energy industry by providing world-leading research on large-scale solar power systems.
“The researchers using this facility will provide new insights on integrating large-scale renewable power plants with conventional electricity grids,” said 宅男导航 Vice-Chancellor and President Professor Peter H酶j.
“These researchers are some of the best in the business, and their teamwork with an innovative global company such as First Solar will ensure optimal returns on a substantial Australian government investment in renewable energy research and development, with excellent implications for society and the environment.”
Covering 10ha, the plant will be Queensland’s largest solar PV project and produce enough electricity annually to power more than 450 average Australian homes, equivalent to displacing more than 5600 metric tonnes of carbon dioxide or removing 1590 cars from the road.
It is a pilot plant for new and existing large-scale Australian solar projects, including the Nyngan (102MW) and Broken Hill (53MW) plants being built by First Solar for AGL PV Solar Developments Pty Ltd, a subsidiary of AGL Energy Limited in New South Wales.
In addition to supplying and installing about 40,000 advanced thin-film photovoltaic panels in ground-mounted arrays, First Solar will also provide engineering, procurement and construction for the Gatton PV Pilot Plant.
“Our collaboration with 宅男导航 will result in advanced local solar generation technologies that will strenghten the solar industry’s position within Australia’s energy mix,” said Jack Curtis, First Solar’s Regional Manager for Asia Pacific.
“The Gatton research facility will evidence the value that private and public sector research collaboration can bring to the renewable energy sector. It will also support First Solar in the continued delivery of best-in-class technology to the market.”
Professor Paul Meredith, Director of 宅男导航 Solar – part of the Global Change Institute – said the project was scheduled to be commissioned early next year and would provide 30 per cent of the 宅男导航 Gatton campus’s energy.
“The new research facility will enhance knowledge and implementation of grid integration of large solar power systems,” Professor Meredith said.
“It will allow us to compare and contrast new technologies by studying electrical and economic performance of multiple PV mounting technologies through the installation and operation of fixed-tilt, single-axis and dual-axis tracker technologies side-by-side in the same field.”
The plant will include a megawatt-hour-scale battery storage research station to improve understanding of the value of short- and medium-term energy storage, its impact on the quality of power supply and any resulting economic benefits.
The research project represents a key component of the $40.7 million grant by the Education Infrastructure Fund (EIF) to 宅男导航 and the University of New South Wales announced last year.
Contacts – 宅男导航: Anna Moloney, Global Change Institute, ph +61 7 3443 3148, a.moloney@uq.edu.au; Professor Paul Meredith, +61 7 3365 7050.
First Solar Media: Jennifer Pooley, Burson-Marsteller for First Solar, +61 2 9928 1590, jennifer.pooley@bm.com; Deepali Girdhar, +91 8800 843600, deepali.girdhar@firstsolar.com.
First Solar Investors: David Brady, +1 602-414-9315, dbrady@firstsolar.com; Steve Haymore, +1 602-414-9315
stephen.haymore@firstsolar.com
About the Global Change Institute, 宅男导航
The , 宅男导航, Australia, is an independent source of game-changing research, ideas and advice for addressing the challenges of global change. GCI advances discovery, creates solutions and advocates responses that meet the challenges presented by climate change, technological innovation and population change. 宅男导航 is one of Australia's premier learning and research institutions. Measured through a combination of four key global university rankings, 宅男导航 is currently ranked in the top 100 of all universities worldwide. It is also a founding member of the national Group of Eight (Go8). For more information please visit
About First Solar, Inc.
First Solar is a leading global provider of comprehensive photovoltaic (PV) solar systems which use its advanced module and system technology. The company’s integrated power plant solutions deliver an economically attractive alternative to fossil-fuel electricity generation today. From raw material sourcing through end-of-life module recycling, First Solar’s renewable energy systems protect and enhance the environment. For more information about First Solar, please visit www.firstsolar.com.
For First Solar Investors
This release contains forward-looking statements which are made pursuant to safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements, among other things, concerning: our business strategy, including anticipated trends and developments in and management plans for our business and the markets in which we operate; future financial results, operating results, revenues, gross margin, operating expenses, products, projected costs, warranties, solar module efficiency and balance of systems (“BoS”) cost reduction roadmaps, restructuring, product reliability and capital expenditures; our ability to continue to reduce the cost per watt of our solar modules; our ability to reduce the costs to construct photovoltaic (“PV”) solar power systems; research and development programs and our ability to improve the conversion efficiency of our solar modules; sales and marketing initiatives; and competition. These forward-looking statements are often characterized by the use of words such as “estimate,” “expect,” “anticipate,” “project,” “plan,” “intend,” “believe,” “forecast,” “foresee,” “likely,” “may,” “should,” “goal,” “target,” “might,” “will,” “could,” “predict,” “continue” and the negative or plural of these words and other comparable terminology. Forward-looking statements are only predictions based on our current expectations and our projections about future events. You should not place undue reliance on these forward-looking statements. We undertake no obligation to update any of these forward-looking statements for any reason. These forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause our actual results, levels of activity, performance, or achievements to differ materially from those expressed or implied by these statements. These factors include, but are not limited to, the matters discussed in Item 1A: “Risk Factors,” of our Annual Report on Form 10-K for the year ended December 31, 2012, as updated and supplemented by risk factors included in our Prospectus dated June 12, 2013 filed with the SEC pursuant to Rule 424(b)(5) (the “Prospectus”), Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and other reports filed with the SEC.
