Tuesday 30 August 2011

Geraldton to go solar

West Australian
23 August 2011, Page: 13

Most Geraldton homes could be powered by solar power as early as 2014 if a proposed $200 million hybrid solar and diesel power station is given the go-ahead. Investment bank Investec Bank has submitted a planning application for a station 10km east of the city that would be one of Australia's biggest solar plants outside the Federal Government's $1.5 billion Solar Flagships program. The facility is expected to generate 100,000 MWs of electricity each year, or enough to power about 18,000 homes.

Mark Schneider, from Investec Bank, said it made sense to invest in solar power in Geraldton because the city required more power and also supported sustainable development. Mr Schneider said a decision on whether to proceed with the project is due next year. He said the carbon tax would help make the project more viable but the biggest driver was the Federal Government's renewable energy target of 20% by 2020.

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