Silex Systems bought the embattled company for just $20 million and has promised to continue with the construction of Australia’s biggest solar power station at Carwarp.

The $420 million project still has the backing of the Victorian and Federal governments which promises to deliver a 150 megawatt photovoltaic power station able to power 45,000 homes with construction to start on the pilot plant next year.

Solar Systems went into receivership in September last year after it was unable to find another partner for the plant.

For more of this story, purchase your copy of Wednesday’s Sunraysia Daily 10/02/2010.