The proposed developer of a 10-megawatt solar power station in South Fremantle has withdrawn from the project, citing issues with the market and the development site, which previously housed landfill.
This is one issue the rate payer and residents need to watch carefully.
The USA based First Solar has dumped freo council solar dream due to “limited site capacity and market issues”. I take this to be it does not generate enough power to make it worth while and the no-one wants to pay enough to make it profitable.
Hense this is where the the rate payers need to watch out. As there is a new player interested which, I imagine will have the same issues the last provider had.
So what we need to be cautious of are any deals the COF makes to take that generated power and at what price?
We clearly have a council obsessed with their one planet, green party political ideas, so to what lengths (our money) will they go to get this project off the ground? What premium price would COF pay for that power generated to suit their ideology at the rate payers expenses?
Another issue for Fremantle rate payers to watch, a deal here could impact the citys finances for years? The tighter the projects finances, the longer the deal they will want
To be sure its the rate payers who pay for these ideologies thru the nose