SolarReserve has signed a long-term Generation Project Agreement (GPA) to build a 150MW solar thermal power station near the town of Port Augusta, South Australia.
The Aurora Solar Energy Project plans to utilise SolarReserve’s leading solar thermal technology with integrated molten salt energy storage that will enable eight hours of energy storage.
The plant has 1,100 megawatt-hours of energy storage capability, and will be the largest project of its kind in the world, designed to meet the South Australian Government’s annual electricity consumption.
“SolarReserve’s energy storage technology is an excellent fit for the South Australian electricity system”, said SolarReserve’s CEO Kevin Smith. “Aurora will provide much needed capacity and firm energy delivery into the South Australian market to reduce price volatility.
Construction of the $650 million plant is scheduled to start in 2018.
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