Wednesday, August 13, 2008

Billion Dollar Solar

Yesterday engineering firm Worley Parsons announced its plan to build a $1 billion solar thermal power plant within three years, and up to 34 by 2020.

"..you want maximum solar with the least cloud cover or interference and our dry desert locations are ideal" said Peter Meurs of Worley Parsons. While Australia's great solar resource is not exactly new information, it is great to see someone stepping up with a hefty investment.

Worley Parsons shares went up 3.7%

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