19 Feb '17, 6am

New renewable energy projects point to biggest year for industry in Australia in 50 years - Renewable Energy Focus

Clean Energy Council Chief Executive Kane Thornton said more than 2250 MW of new large-scale renewable energy would be under construction in 2017, the most since the Snowy Hydro Scheme more than 50 years ago – one of the most iconic nation-building projects in Australian history. “We are set for a huge 2017, with more than 20 major projects either actively under construction or which have secured funding and will go to construction this year,” Mr Thornton said. “This investment is occurring due to the extraordinary cost reductions achieved in renewable energy, underpinned by the bipartisan political support for the 2020 Renewable Energy Target (RET), the Australian Renewable Energy Agency , the Clean Energy Finance Corporation and various initiatives of state and territory governments. “Given the nature of renewable energy projects, regional parts of the country will benef...

Full article: http://www.renewableenergyfocus.com/view/45437/new-renewa...

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Clean Energy Council Chief Executive Kane Thornton said more than 2250 MW of new large-scale renewable energy would be und...

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