New renewable energy projects point to biggest year for Australia’s industry since Snowy Hydro

Artist’s rendering of the 142 MW Ross River solar PV plant, one of the largest projects to start construction in 2017
Artist’s rendering of the 142 MW Ross River solar PV plant, one of the largest projects to start construction in 2017

More than 20 major renewable energy projects (e.g. wind and solar) are already under construction or will start this year in Australia, according to new analysis from the Clean Energy Council (CEC) released on February 11th, 2017.

Together, the projects will generate more than USD 5 billion of investment, CEC notes.

Clean Energy Council Chief Executive Kane Thornton said more than 2,250 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.

 

Queensland and NSW to benefit strongly from wind and large-scale solar PV

“This new wind and solar power will help our system cope during periods where everyone is using electricity. As we saw in New South Wales during the heatwaves a few days ago, every generator counts when the heat is on,” Thornton said.

The figures show Queensland and New South Wales will benefit strongly this year from wind and large-scale solar, with projects also firing up in South Australia and Victoria. State and territory governments have been instrumental in bringing much of this investment forward and restoring confidence to the sector.

“Renewable energy is now the cheapest type of new energy generation that it is possible to build today, we have a strong program of works, and Australians are very much on board with the transition of our energy sector to one which is smarter and cleaner,” Thornton emphasizes.

“However, clarity on long-term energy policy and support for renewable energy beyond 2020 will be essential to ensure these levels of investment are sustained.”

 

2017-02-13 | Courtesy: CEC | solarserver.com © Heindl Server GmbH

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