Asia Pacific > Australia announces major expansion to renewable energy auction scheme to turbocharge investment

Australia announces major expansion to renewable energy auction scheme to turbocharge investment

Published 22:45 on November 22, 2023  /  Last updated at 00:04 on November 23, 2023  / /  Asia Pacific, Australia

The Australian government will expand its capacity investment scheme (CIS) to secure 32 GW of new wind, solar, and storage output, in a major gear shift to meet its 82% renewable energy target by 2030.
The Australian government will expand its capacity investment scheme (CIS) to secure 32 GW of new wind, solar, and storage output, in a major gear shift to meet its 82% renewable energy target by 2030.


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