SolarReserve has won a contract to build a 150-megawatt solar thermal power station with eight hours of energy storage near the town of Port Augusta in South Australia.
The long-term Generation Project Agreement is with the State Government of South Australia.
With a massive 1,100 megawatt-hours of energy storage capability, Aurora will be the largest project of its kind in the world, designed to meet the South Australian government’s annual electricity consumption.
The Generation Project Agreement is similar to a Power Purchase Agreement for renewable energy, except that emphasis is placed on the available capacity of the facility during peak demand periods rather than just the energy that can be delivered in kilowatt-hours. Aurora will deliver power into the National Electricity Market at high-value electricity periods, providing additional capacity, energy security and reliability services, as well as competition into the South Australian market.
