US-based SolarReserve has entered a long-term generation project agreement (GPA) with the Government of South Australia to build a 150MW solar thermal power plant near the town of Port Augusta.
The proposed Aurora Solar Energy Project will also feature an energy storage system designed to store 1,100MWh for up to eight hours.
As part of the new contract, SolarReserve will provide its solar thermal technology with integrated molten salt energy storage.
When completed, Aurora will help the South Australian Government meet its demand for annual electricity consumption.
The project will also be able to deliver power into the National Electricity Market (NEM) at peak periods, alongside offering additional capacity, energy security, and reliability services.
South Australia Premier Jay Weatherill said: “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.”
During construction of Aurora, 4,000 direct, indirect, and induced jobs are expected to be created.
In addition, SolarReserve will form new research partnership with South Australian universities to advance solar thermal research and education in the state.