Clean energy interest soars in NSW as states resist rules to prop up coal
by Lisa Cox and Adam Morton from on (#5NTDN)
New England renewable energy zone inundated with investor interest amid pushback to federal rules on fossil fuel generators
A New South Wales plan for Australia's largest renewable energy zone in the state's New England region has been overwhelmed with investor interest, with registrations coming in at more than four times the available capacity, the state government says.
The state energy minister, Matt Kean, said the New England renewable energy zone had received 80 registrations of interest from investors offering to build a total of 34GWs of new wind, solar and storage projects. The proposed 8GW-capacity zone is one of five designated clean energy areas in the state under legislation passed with multiparty support last year.
Continue reading...