AUSTELA

Solar Flagships project update

The Solar Dawn project, approved for funding under the Commonwealth Government's Solar Flagships program with a major contribution from the Queensland Government, has announced that it has not yet achieved financial close. An extension had been granted to 30 June 2012 to allow additional time for the project proponents to achieve financial close. With the passing of that deadline, it currently appears likely the Queensland Government's commitment to the project, under review following the change of Government in Queensland earlier this year, will be withdrawn. Solar Dawn has made a statement reiterating the economic and environmental benefits of the project. Read more...