The large scale Moree Solar Photovoltaic Project, the largest of its kind and one of Australia’s solar flagship programs, was recently granted another $66.5 million in funding for its research and development of large scale solar power generators. The additional funding will also boost the solar farm’s capability, and will make it as one of the most advanced energy producer of its kind.
Already the project will be historical; consisting of over 650 solar photovoltaic panels it will be capable of producing 150 MW of electricity, enough to power at least 45,000 households. It will reduce the country’s carbon emissions by more than any other existing renewable energy system in the country.
The multimillion dollar grant was made under the initiative of the EIF or Education Investment Fund, adding to the substantial existing budget for the project of over $900 million. The Government has committed to funding a third of the budget. Innovation Minister Senator Kim Carr said that the additional grant will not only benefit the project itself, but importantly it will help develop solar power in Australia.
Minister Carr also added that the research and development fund will improve the profitability and resilience of large scale solar power applications, and will reassure prospective investors that the country is more than capable of becoming the world’s number one clean powered country.
Moree Solar Farm spokesman Tony Stocken stated that the data and knowledge that will be collected in the project will be shared across the country, and will serve as a strong foundation in propelling the country’s solar industry which will play a vital role in achieving Australia’s renewable energy targets for 2020 and 2050.
No comments:
Post a Comment