Developer Solar Systems had received promises of $129m in state and federal-government funding to build a 154-megawatt (MW) plant costing $420m ($362m) near Mildura, Victoria using heliostat-concentrator photovoltaic (PV) technology.

The system uses sun-tracking mirrors to focus light on receivers that house PV modules.

Solar Systems announced on 7 September that it has placed itself into voluntary administration, appointing accountants PricewaterhouseCoopers to take over the company.