Australia Investing $1.3b in Solar Power Initiatives
The Federal Government will try to make the most of Australia's sunny climate by investing $1.3 billion in solar power initiatives. The measures will be aimed at households and researchers alike as part of a bid to vastly increase the amount of power that comes from an environmentally friendly source.
A new solar flagships program will be created to turn Australia into a world leader in the generation of solar power.
The Government said it would also increase the rebate for people who want to replace electric hot water systems from $1000 to $1600.
The Government has set itself the target of creating an additional 1000 megawatts of solar power - three times the size of the largest solar energy project in operation.
It also hopes householders will do everything they can to increase the energy efficiency of their homes.
