The $1 billion Solar Dawn project in Queensland – Australia’s first standalone solar thermal project and largest planned solar development – is now dead after a long year during which it has won state and federal government support, failed to reach financial close, lost state government support and finally saw federal support in a state of flux before disappearing altogether.
“After exploring several options to address current market conditions, ARENA is no longer pursuing development of the 250 MW Solar Dawn solar thermal project in Queensland,” ARENA said in a statement this morning announcing the release of its funding strategy for the next two years.
Solar Dawn was always vulnerable after the Newman government indicated it had no interest in supporting the development. It left the Areva-backed development as the only shortlisted Solar Flagships project without state government backing. And now, without federal funding, the developers have pulled the pin...
:))
climatespectator.com.au
PS, How much money did it cost the " Taxpayer " to get to this point... ???
