Adani to spend $300 million on solar plants
Adani Group has secured land to build two solar farms in Australia, together worth A$400 million ($300 million) as part of a five-year drive to construct 1,500 megawatts of solar energy plants in the country. The solar push comes as Adani continues to battle opposition to its plans to build a $7 billion coal mine in Australia, a project that has been long-delayed due to a string of environmental lawsuits. The second solar farm will be in Whyalla, a town in South Australia stung by the collapse of steel maker Arrium, with construction of the 120-150 MW plant due to begin in late 2017, Adani said in a separate statement. South Australia has led the country's push away from coal-fired power, with wind and solar energy now accounting for about 40 percent of the state's electricity supply.
Tags : ALLIED