Thursday, 10 September 2009
Solar Flagship Program
- That the Senate—
- that United States of America company, First Solar, has signed a memorandum of understanding to build a 2GW solar power station in China and that this single plant will be eight times larger than projects called for by the Solar Flagship Program (the program),
- that the program depends for success on significant levels of private sector capital,
- that the global financial crisis is exacerbating difficulties Australian companies are experiencing in accessing private sector capital for innovative renewable technologies,
- that, in Australia, Solar Systems has gone into voluntary administration because of a lack of investment capital, and
- the lack of a comprehensive or coherent policy framework to encourage private sector investment in renewable energy; and
- calls on the Government to underpin the success of the program by:
- providing loan guarantees for commercial-scale demonstration projects,
- implementing a gross national feed-in tariff for small to utility scale renewable energy projects, and
- planning and funding electricity grid extensions to connect remote utility scale projects.
- (iii)planning and funding electricity grid extensions to connect remote utility scale projects.
That the motion (Senator Milne’s) be agreed to.