The Australian and United States governments have pledged to invest $50 million on joint solar power research projects with the aim of making solar energy cheaper than fossil fuels within the next five years.
The US Secretary of State, Hillary Clinton, said that Australia and the United States would be global pioneers through a new partnership to share technology and ideas. “We have a common goal of making solar energy competitive with conventional sources by the middle of this decade – 2015,” she said.
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