Renewable energy company RayGen has officially opened its $27 million renewable power plant project in Carwarp, in north-west Victoria, which it hopes could propel investment in this type of energy storage.
The solar/hydro power plant near Mildura utilises solar energy trapped by more than 1,000 rotating mirrors to generate electricity, and also captures excess heat as hot water which is then used to drive a generator and send stable electricity to the grid.
RayGen chief executive Richard Payne said the plant was now exporting power to the grid, and the company was planning to develop Australia’s largest solar module manufacturing facility in Melbourne.
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