“Fast Moving Clouds”: The Latest Excuse for a Government Funded Solar Bankruptcy

Guest essay by Eric Worrall

h/t JoNova – What do you say when the government demands to know what happened to all the public money they lent to your failed solar business?

‘Fast-moving clouds’: How CS Energy’s Kogan Creek Solar Boost project failed

MAY 21 2017
Mark Solomons

It was supposed to supply cheaper, greener energy to up to 5000 homes but after six years and tens of millions of dollars, a cutting-edge solar energy project has produced nothing other than a large taxpayer-funded pile of scrap.

Three thousand solar panels sit unused on a concrete pad after the pioneering Kogan Creek Solar Boost project was shelved due to rusting pipes and “rapidly moving clouds”.

Now the site’s manager alleges the Commonwealth and Queensland governments breached their contractual requirements by never inspecting the doomed $105 million project.

…