'Solar chimney' group soars as investor backs US build

Solar updraft plants heat air which is drawn up the chimney-like tower.

Solar updraft plants heat air which is drawn up the chimney-like tower.

Shares in EnviroMission surged 30% on the Australian stock exchange after the developer confirmed an unnamed investor has agreed to back construction of its first solar “updraft tower” power station in the US state of Arizona.

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