Areva scraps A$1bn Australian project but considers other options

Areva is pondering alternative projects in Australia after scrapping it’s proposed A$1bn 250 MW Solar Dawn project.

The French multinational axed the project after failing to secure government funding but now says it is considering a “pipeline of opportunities” in the project.

Australia is continuing talks with two other solar-power projects involving Pacific Hydro Pty and Suntech Power Holdings Co. (STP) about funding their proposed developments as the country moves toward a target of getting 20 per cent of its power from renewable energy by the end of the decade.

Areva is helping CS Energy build the A$104.7m Kogan Creek Solar Boost project integrating solar technology with a coal fired power station in Queensland, its website shows.

“The company is also pursuing a pipeline of opportunities in Australia and looks forward to continuing to work with parties in the market who are currently putting plans in place to meet their renewable energy targets and reduce their carbon footprint,” according to a statement.

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