RTB Solar PV Valuations in Australasia in 2024

Are you looking for up-to-date insights on solar PV asset valuations in Australasia? Look no further. This article, part of our semi-annual series on renewable energy asset valuations, provides valuable data and analysis on Ready-to-Build (RTB) solar PV project valuations in the Australasia region for the first half of 2024.

Our proprietary data, sourced from real transactions and market activity on the PF Nexus platform, reveals fascinating trends in the Australasian solar PV market:

• Australia's RTB solar PV valuations ranged from €36,500/MWp to €127,700/MWp, with an average of €65,600/MWp.
• New Zealand's valuations were slightly lower, ranging from €47,800/MWp to €64,600/MWp, with an average of €54,100/MWp.

These figures, presented in EUR/MWp for consistency across our global reports, showcase the dynamic nature of the Australasian solar market.

Interestingly, while Australia shows a wider valuation range, indicating a more diverse market, New Zealand demonstrates a tighter spread. This could suggest a more standardized market in New Zealand, while Australia may offer more varied investment opportunities. The gap between sell-side and buy-side expectations is notably higher in Australia (62.7%) compared to New Zealand (13.0%), indicating potentially more room for negotiation in the Australian market.

When compared to other regions covered in our Global RTB Solar PV Asset Valuations 2024 Analysis and Trends, Australasia presents unique characteristics. For instance, valuations in Western Europe tend to be higher, while those in CEFTA & Eastern Europe are more varied.

Ready-to-Build (RTB) refers to a crucial stage in the asset development lifecycle. At this point, a solar PV project has secured all necessary permits and grid connections, making it ready for immediate construction. RTB projects are particularly attractive to investors as they offer a balance between risk and return.

This data originates from PF Nexus, the world's largest renewable energy asset marketplace. Our platform connects buyers and sellers of renewable energy projects, providing unparalleled insights into market trends and valuations. It's important to note that these figures reflect the market situation as of June 2024, when this data was made available to our Financier-tier subscribers. Given the volatility in the renewable energy sector, valuations may have shifted since then.

To stay ahead in this dynamic market, consider subscribing to our premium tiers. Subscribers gain access to:

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The Australasian solar PV market presents exciting opportunities for investors and developers alike. While Australia offers a broader range of valuations, New Zealand provides a more consistent market. Both countries contribute to the region's growing importance in the global renewable energy landscape. For the most up-to-date valuations and to access our full H2 2024 Asset Valuation Report, subscribe to our Financier Tier today. Stay ahead of the curve in the fast-paced world of renewable energy investments with PF Nexus. Explore our other regional valuation reports to gain a comprehensive understanding of the global renewable energy market.