Australia Will Wait Years To See The Advantages of Solar Thermal

Jon Capistrano
Jon Capistrano
May 2, 2017

Solar thermal power in Australia may not be commercially viable for another 20 years or more. Energy Minister Josh Frydenberg has supported the development of the technology domestically, although he has warned it could take until 2040 for it to become a reality.

Solar thermal or concentrated solar power involves concentrating a large area of sunlight into a smaller area using a lens. Concessional loans of up to $110 million have already been committed to the country’s first solar project in Port Augusta.

This move follows a deal with Independent South Australia Senator Nick Xenophon in return for supporting Coalition tax cuts.

Click here to read the full story on Manufacturer’s Monthly


Leave a Reply

Your email address will not be published. Required fields are marked *

Share on facebook
Share on twitter
Share on linkedin

Trending Posts

Making a Big Deal of Microgrids

Making a Big Deal of Microgrids

Australia is right now experiencing an energy revolution. It’s profoundly exciting. Yet if there’s one challenge we are facing, it’s that because the speed and scale of change is so vast, it’s easy for certain aspects of it to be overlooked a little now and then.