In true SA media style, no one expanded on this story. This was meant to be a major investment and key to employing hundreds of South Australians. It was hailed as a cutting edge investment by the former ALP government. What happened? No one knows.
The American company operates a similar plant in the US state of Nevada. Rather than solar panels, solar thermal uses heliostats, or mirrors, to concentrate sunlight onto a tower that heats molten salt. The heat created is then used to generate steam.
SolarReserve contacted the SA Government and said it would not be able to achieve financial close by the May 31 deadline.
The deadline had already been extended from its original date of February 1, 2018.