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For solar technology, Australian govt backs nuclear company AREVA

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short-listed for one of two projects to get substantial backing under the $1.5 billion solar flagships program….none of the big name US and Spanish proponents of the new generation solar tower technologies, such as BritghSource, e-Solar and Cobra, made the short-list.

The giant backing Australian solar,  Giles Parkinson |   Business Spectator, 12 May 2010, The French nuclear giant Areva might have made one of the deals of the year when it snapped up Ausra, the solar thermal energy company founded by Australian researcher David Mills.

Areva bought a cash-strapped Ausra for an estimated $US200 million in February and plans to use the technology to lead a major push into the solar thermal energy market, which it wants to dominate in the same way as it does the global nuclear industry.
The purchase has paid early dividends in Australia, with its technology being chosen for a $32 million grant to build a 23MW solar-boosting project for the coal-fired Kogan Creek power station in Queensland, and short-listed for one of two projects to get substantial backing under the $1.5 billion solar flagships program.
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As a sign of the government’s inherent conservatism on these matters, none of the big name US and Spanish proponents of the new generation solar tower technologies, such as BritghSource, e-Solar and Cobra, made the short-list.

The giant backing Australian solar | Giles Parkinson | Commentary | Business Spectator



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