The Australian government has announced funding to construct a $27 million (US$21 million) “solar hydro” power plant in north-western Victoria able to generate, store, and deliver electricity on demand.
The power plant will demonstrate RayGen’s patented solar-plus-storage technology which uses a photovoltaic (PV) module 4,000 times more powerful than standard solar panels. This module is mounted on a tower above an array of smart mirrors that concentrate sunlight on the module.
