A proposal to build the world’s largest thermal solar plant has been approved by the South Australian government. It paves the way for the construction of the AU$650 million (US$512mn) facility by a US-based company.

The company behind the project, SolarReserve, welcomed the approval and said it will now look to secure financing “in the coming months” for the Aurora plant outside Port Augusta, a city north of Adelaide. The firm is said to be confident of securing a AU$110 million (US$86,576,600) loan from the Australian federal government for the project.

Source: https://www.rt.com/news/415548-australia-largest-solar-plant/

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