The project will result in more competition in the Australian energy market and put pressure on power prices, says SA premier
Dubbed the biggest solar power thermal plant in the world, the 150MW Aurora power plant in Port Augusta will be built by SolarReserve, which has been awarded the contract to proceed. Baker McKenzie served as SolarReserve’s legal counsel.
Construction on the $650m facility, which will create 650 local jobs during construction and 50 ongoing positions when operational, will begin in 2018. The Aurora plant will have storage capabilities, allowing it to dispatch energy at peak periods even if the sun isn’t shining.
“We recognise the Aurora Project’s significant and positive implications for South Australia and the national electricity market,” said Sean Duffy, who jointly led the Baker McKenzie team with fellow partner James P. O’Brien.
“We are supporting this nation-leading renewable energy project because it will deliver more competition into our energy market and put downward pressure on power prices for households and businesses,” said South Australian Premier Jay Weatherill.
Duffy and O’Brien were supported by partner Daniel Middleton and associates Aylin Cunsolo, Louis Zetlin, and Sarah Merrett.
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