Major firms fund solar power study

Adelaide Advertiser
Wednesday 13/8/2008 Page: 26

SOME of Australia's biggest corporations are eager to join a solar energy project that could produce half the country's renewable energy by 2020, the company behind the project study says. A WorleyParsons study, launched yesterday in Sydney, claims Australia is set to host the world's largest advanced solar thermal energy plant within three years. A total of 34 250MW solar energy stations would be built by 2020, capable of producing almost half of Australia's renewable energy target. Rio Tinto, BHP Billiton, Woodside Petroleum, Wesfarmers and others are all funding the study.