Solar projects gives renewable target boost

31 Aug, 2011 07:26 AM
Comments
0
 

GLOBAL giant GE's first investment in a solar project in Australia have given the sector a timely boost as doubts build over the federal government's renewable energy target.

GE announced a $15 million investment in a public-private partnership with the West Australian government yesterday to build a 10 megawatt solar plant, The Australian Financial Review reports.

GE Capital Australia head of energy financial services Jason Willoughby said the panels would help ensure large-scale solar power was viable in Australia.

"We see this very much as a globally competitive project," he said.

State-owned generator Verve Energy will provide matching funding and the WA government will add $20 million to complete the plant.

The Australian Financial ReviewSource: http://www.afr.com

POST A COMMENT


Screen name *
Email address *
Remember me?
Comment *
 

COMMENTS

light grey arrow
I'm one of the people who want marijuana to be legalized, some city have been approved it but
light grey arrow
#blueysmegacarshowandcruise2019 10 years on Daniels Ute will be apart of another massive cause.
light grey arrow
Australia's live animal trade is nothing but a blood stained industry that suits those who