Solar experts say Australian renewable energy investment being stifled by Government policy

One of the world’s most advanced solar power companies has shelved plans to develop electricity plants for the public market in Australia because of the Government’s apparent hostility to renewable energy.

Solar Reserve, based in Santa Monica, California, has pioneered a technology that combines mass-scale solar power generation with storage, allowing energy from the sun to be “time-shifted” and used 24 hours a day.