Newspaper article The Chronicle (Toowoomba, Australia)

Axing of Funding Puts Jobs at Risk

Newspaper article The Chronicle (Toowoomba, Australia)

Axing of Funding Puts Jobs at Risk

Article excerpt

Byline: Ava Benny-Morrison ava.benny-morrison@apn.com.au

MORE than $1.5 billion in regional investment and 300 jobs are at stake following the axing of funding to a solar project south of Chinchilla.

The Queensland Government terminated a $75 million funding deed to Solar Dawn, the potential home of one of the biggest solar power stations in the world.

Federal Resources and Energy Minister Martin Ferguson said the funding cut put hundreds of jobs in jeopardy.

C[pounds sterling]The Queensland Government is putting at jeopardy a project that represents $1.5 billion in economic investment to regional Queensland, 300 construction and local manufacturing jobs and a $68 million solar research and development program at the University of Queensland.C[yen]

The Solar Dawn project was allocated $464 million from the Federal Government, but has confirmed it was not able to meet a June 30 financial milestone following the withdrawal of the State Government's support. …

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