No, about half the price of the ex-subsidised PV price of 7c. About 3-3.5c/kwh for brown coal in Australia.
You couldn't get those sorts of prices in Australia anyway. Not with the obscene costs of building anything here.
Still a looong way to go before PV is competitive with coal in Australia on a free market basis, especially since the coal plants are already established with full infrastructure.
It is impressive that they can get the costs that low in the US though, considering the capacity factor for PV is only about 20%. Would be interesting to see the IRR of the Austin deal - must be pretty low, and for a mere 150MW of generation. And that's after they upsized it.
