Xenophon expects deal struck on tax package will guarantee first large scale solar thermal plant within 2 years, and developers are confident after Coalition confirmed its $110 million of concessional loans would be “over and above” any CEFC/ARENA funding.
The Coalition commits to $110 million in concessional loans to solar tower and molten salt storage project in Port Augusta, as part of last minute negotiations with the Nick Xenophon Party to pass major tax cuts.
US company with big solar thermal plans for Australia signs MOU to co-develop 70MW PV farm in NSW.
As more wind and solar is introduced into the grid, more storage will be needed. SolarReserve has plans for a facility of up to 2GW in Nevada.
SolarReserve, which hopes to build 110MW solar tower and storage facility in Port Augusta, unveils plans for a facility 4x that size in Chile.
Developers of solar tower and storage technology lays down challenge to proposed new “clean” coal plants, saying their technology wins on price, flexibility, fuel costs and emissions.
BHP Billiton electricity supply agreement with existing NSW gas generator could open the path for the much touted solar tower and molten salt storage project.
US solar developer wants to build world’s biggest solar development, a 2,000MW, $US5 billion project featuring its solar tower and molten salt storage technology.
The impending closure of the big Hazelwood brown coal generator in Victoria could provide the impetus for the construction of the first large scale solar tower and storage project in Australia.