BP Estimates Australian Solar Project Would Cost A$600 Million
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BP Plc, vying for Australian government funding to develop a solar energy project in the state of New South Wales, has estimated that its venture would cost more than A$600 million ($600 million) to build.
BP’s proposed 150-megawatt project, near the town of Moree in northwest New South Wales, would create 700 construction jobs, the London-based company has said in documents filed with the state planning department. BP must submit a plan to the federal government by Dec. 15, Jamie Jardine, a spokesman for BP’s Australian unit, said by phone today from Melbourne.