SolarReserve sign MOU for Aurora Project

American company SolarReserve have signed an MoU with Heliostat SA to manufacture and assemble the components for their solar tower and molten salt storage facility at Port Augusta.

SolarReserve Commence Construction on Aurora Solar Thermal Plant

SolarReserve sign MOU for Aurora Project
SolarReserve sign MOU for Aurora Project (source: solarreserve.com)

SolarReserve announced on Tuesday that they’ll work with Heliostat SA to create 12,800 96 square metre glass mirrors for their Aurora Solar Thermal Plant. 

The solar thermal plant in Port Augusta, South Australia, was announced last August and received developmental approval back in January It is slated to be a $750m project but we haven’t heard any specifics as to updated pricing, and this information is the first news on the project since January of this year. 

According to the CEO of SolarReserve, Kevin Smith, the solar thermal power plant will comprise of approximately 12,000 mirrors, each the size of a billboard (around 100sqm), arranged in a circle over 600 hectares. The mirrors will focus light and heat to the top of a 227m tall tower to generate up to 150MW. This will result in over a million square metres of surface area for the project. 

“Aurora will provide much needed capacity and firm energy delivery into the South Australian market to reduce price volatility,” Mr. Smith said at the time. He elaborated today when discussing the deal with Heliostat SA: 

“We’re excited to have formed a long-term partnership with Heliostat SA and look forward to teaming up with them to bring manufacturing of our world-class heliostats to South Australian workers,” said Mr. Smith.

“SolarReserve is committed to supporting South Australia’s goals which will attract investment, create South Australian jobs and build an exciting and growing new industry.”

According to an article on RenewEconomy the project will create around 200 full time solar jobs for the area, with 650 to be employed during the construction phase. 

This project is a bit slow and new information is thin on the ground, so great to hear that it’s moving ahead. We’ll keep you posted as soon as there’s any new information on the solar thermal plant! 

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Aurora Power Plant – thermal power plant in SA

The $650m Aurora Power Plant in South Australia is under threat as the US company Solar Reserve which will be responsible for building it haven’t raised the required funds. The solar thermal power plant was to generate 150MW of power and seemed in safe hands with Solar Reserve, who have previously constructed the 110MW Crescent Dunes Solar Energy Project.

Aurora Power Plant – thermal power plant in SA

We’ve written about the Aurora solar thermal power plant before – they were able to receive DA in January this year and it appeared that everything was going well – but there appears to be a bit of trouble getting the final amount of funding over the line.

“Project funding is a lengthy process and we’ve made great progress having identified the necessary funding sources from commercial lenders and equity providers,” a spokesperson from Solar Reserve told 9NEWS.

At the same time, 9NEWS chased down energy minister Dan Van Holst Pellkaan for a statement – who subsequently advised that as far as the government is concerned, everything is copacetic: “What they’ve said is that as of yesterday, the project is still on track. They’ve certainly made it clear that they’re still seeking finance,” Mr Van Holst Pellkaan said.

SA Energy Minister Dan van Holst Pellekaan - Aurora Power Plant - thermal power plant in SA (source: https://www.danvhp.com.au/ )
SA Energy Minister Dan van Holst Pellekaan – Aurora Power Plant (source: https://www.danvhp.com.au/)

The project already has a 20 year PPA signed and a $110m loan from the federal government (contingent on them raising the other ~$540m) so it’s got most of the pieces of the puzzle in place. 9NEWS have reported that as of last month 60% of the necessary funds have been raised, but they’re still looking for someone to come on board and stump up a significant amount of cash (~$250m) so that the project can receive its loan from the federal government in addition to the other $540m and get this project off the ground.

Fingers crossed that we don’t see any significant delay and the world’s biggest single-tower solar thermal power plant is finished quickly!

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