http://www.lasvegassun.com/sunbin/stories/tech/2006/oct/25/102509586.htmlThe Australian government pledged $95 million in funding Wednesday for two projects as part of its new strategy to combat global warming, including the construction of the world's largest solar power plant.
The projects are the first to be funded under a $379 million package announced earlier this week to prevent global warming. Australia has been criticized over its refusal to sign the Kyoto Protocol on reducing greenhouse gas emissions.
The government will contribute $57 million to the $319 million project to build a 154 megawatt solar power plant in Victoria state, which will use mirrored panels to concentrate the sun's rays, Treasurer Peter Costello said.
The plant, which is to be built by Melbourne-based Solar Systems Pty Ltd., would begin operations in 2008 and reach full capacity by 2013.
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