BBC:
On Monday, Prime Minister John Howard announced that the government would be investing A$500m (US$379m) in clean technology.
One of the first projects to get funding is what Finance Minister Peter Costello said aimed to be the "biggest photovoltaic project in the world".
The plant at Victoria will use mirrored panels to concentrate the sun's rays and produce power that can go into the national grid, he told Australian radio.
Work is due to get under way in 2008 and reach full capacity by 2013.
These things are amazing. They have a field of parabolic mirrors that are run by a clock and focus sunlight on a cell on a tower -- as the sun moves across the sky, the mirrors turn to track it. These things can generate a lot of power for close to nothing, so Australia's project will begin paying for itself on day one.
Tags: news politics energy environment global warming Australia solar
