Solar energy gaining on wind in Australia
Cost gap between the two power project developments seen closing in 2-3 years
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WHILE wind farms in Australia are under attack, it's a different story for the solar industry. Developers of large plants that rely on the sun to generate power are finally winning support in the sunburned country.
Prime Minister Tony Abbott's government this week directed the A$10 billion (S$10.1 billion) clean-energy bank to boost its focus on big solar projects and stop investing in wind farms. Another government agency unveiled plans to allocate as much as A$100 million to large solar plants.
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