The Albanese Labor government has unveiled the “largest-ever” single tender for renewable energy in Australia.
The announcement comes as the Australian government aims to achieve 82 percent renewable energy by the year 2030.
The new tender is part of the expanded Capacity Investment Scheme (CIS), announced in November at a cost of $67 billion (US$43 billion) to the taxpayer between 2024 and 2027.
This particular tender targets 6 gigawatts (GW) of new variable renewable energy projects for the National Electricity Market (NEM).
As part of the first tender, the federal government has signed a deal with the New South Wales (NSW) Labor government for 2.2 GW of renewable energy for the state, powering one million households....
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