South Australia to construct giant thermal solar unit in Port Augusta
Date: 2018-01-11   Author: Dhananjay Punekar  Category: #industry

South Australia to construct giant thermal solar unit in Port Augusta

Buoyed by the success of world’s largest lithium-ion battery, South Australia is planning to construct the world’s largest solar thermal power unit at Port Augusta. According to authentic sources, the plant construction, which has received a green signal from state authorities, will commence on SolarReserve’s Aurora Unit and is estimated to cost nearly USD 650 million. Experts have projected that the new project will result in the creation of 650 construction jobs plus fifty ongoing posts.

As per reports, the state administration is expecting the leading solar plant to provide clean and renewable power supply to hospitals, railways, and schools in South Australia. Industry analysts claim that the region is rapidly evolving as a key universal center for developing & storing renewable energy along with the set of other green energy projects in the pipeline. The region apparently, has met its target of fifty percent of sustainable energy and is anticipated to promote the construction of renewable energy projects, which offers reliable energy at lower costs, across the nation.

According to sources, the thermal plant will help in producing 500 gigawatt hours of power yearly, offering power supply to nearly ninety thousand households, with 8 hours of fully loaded storage facility. It is also confirmed that the thermal solar plant will help displace nearly two hundred thousand tons of carbon dioxide every year. One of the key officials of the clean energy council in South Australia has stated that the authorities will have to pay very less for the power generated through the renewable source of energy from the solar thermal unit.

The strategic move will encourage the construction of more such green energy projects across the globe with the objective of curbing GHG emissions. Environmentalists and industry professionals believe that such renewable energy plant constructions on a global scale will help in effectively addressing the concerns of global warming.



About Author


Dhananjay Punekar

Dhananjay Punekar

Dhananjay currently works as a content writer at AlgosOnline. A post graduate in mathematics as well as business administration, he worked as a process executive in Infosys BPO Limited before switching his professional genre. Following his childhood passion, he opted fo...

Read More

More from Dhananjay


Post Recommendents

Hot Melt Adhesives Market Report 2019 Study by Application, Products and Material 2024
Author: Rahul Varpe

Increasing emphasis on bio-based hot melt adhesives market development mainly for packaging applications should drive industry growth. It does not contain any hazardous materials along with favourable government guidel...


3D Printing Materials Market Report 2019 Study by Application, Products and Material 2024
Author: Rahul Varpe

Positive growth indicators across automotive, education, medical and pharmaceutical applications offer strong global 3D printing materials market growth potential. For instance, the global automotive manufacturing busi...


Rare Earth Metals Market Is Anticipated To Be Highest Growth Between 2019 To 2024
Author: Rahul Varpe

Global Market Insights has launched a report on Rare Earth Metals Market that elucidates an in-depth synopsis of this business vertical over the forecast period. The report is inclusive of the prominent industry driver...