Tuesday, October 2, 2007

Solar takes off with US power supply deal

From the Australian Broadcasting Corporation:

Two of America's biggest power utilities have unveiled plans for a multi-billion-dollar expansion of solar power supply, backing the argument that solar energy can indeed become a viable alternative to coal-fired electricity.

The company at the heart of the development is Ausra. It was started by Australian solar expert David Mills, who left this country for California earlier this year to pursue the further development of his ground-breaking work.

What makes the announcement more significant is that the utilities are confidently predicting that their solar power will soon be providing baseload electricity - that is, day and night - at prices competitive with coal....Much More