trending Market Intelligence /marketintelligence/en/news-insights/trending/2bPp2qx0iZ_WOT0gMDMJuA2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

SolarReserve to build 150-MW solar thermal project in Australia

Q3: U.S. Solar and Wind Power by the Numbers

Path to Carbon-Free Power Generation by 2035

The Growing Importance of Data Centers for European & U.S. Renewable Projects

CAISO and ERCOT Power Forecasts by the Hour

SolarReserve to build 150-MW solar thermal project in Australia

SolarReserve LLC has entered into a long-term generation project agreement with the government of South Australia to construct the 150-MW Aurora solar thermal power station near the town of Port Augusta. The facility will also have 1,100 MWh or eight hours of energy storage capacity and will deliver power into the National Electricity Market.

"The Port Augusta story is a stark example of the transition of the South Australian economy, with the closure of a dirty coal fired power station, and now the commissioning of this world leading renewable energy project," South Australia Premier Jay Weatherill said in an Aug. 14 news release.

In contrast to a power purchase agreement, a generation project agreement is focused on the available capacity of the project during peak demand periods, according to the news release, instead of just the energy that can be delivered in kilowatt-hours.