UK industrialist’s plan features 780,000 solar panels, generating enough electricity for 96,000 homes

Billionaire UK industrialist Sanjeev Gupta has launched a $1bn, one-gigawatt renewable energy plan based in South Australia’s mid-north that he says will lead Australian industry’s transition to more competitive power.

In the first of a number of projects slated for the upper Spencer Gulf region, which will also include a lithium-ion battery bigger than Elon Musk’s, Gupta’s energy company Simec Zen has released details of its Cultana Solar Farm.

Related: Sanjeev Gupta: Coal power is no longer cheaper – and we’ll prove it

Related: South Australia announces grants worth $8.7m for pumped hydro storage

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