Brisbane energy group Lyon Solar has enlisted Japanese giant Mitsubishi Corporation to bankroll a $2 billion solar and battery power program that could help prevent blackouts like the one that hit South Australia on Wednesday.

They plan to build 1000 megawatts of large scale solar power and storage batteries across Australia by 2020 in a world-leading program that will cost nearly $2 billion and could spawn a local battery assembly industry.

Read more on the AFR.

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