The Port Augusta located, concentrated solar thermal plant has reached a significant, yet not surprising, milestone in achieving development approval for the plant. The Aurora plant will have 150 MW of capacity and 8 hours of storage.
The development approval suggests that the $110 million concessional loan from the Federal Government is all but secured. It is understood that the funding was allocated in the May 2017 Federal budget and to be administered through ARENA.
The plant is scheduled to deliver 100% of its output to the SA Government under a long term agreement beginning in 2020.
Further information can be found on our previous article https://edge2020.com.au/edge-news/150-mw-solar-thermal-plant-constructed-south-australia/
If you would like to know more about renewable energy projects and how they could assist with reducing your energy costs, please contact Edge on (07) 3232 1115 or 1800 334 336.