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These initiatives are estimated to mobilize 17,000 million dollars in private investment and create approximately 19,000 jobs in the construction sector.

Australia continues to accelerate its energy transition through one of the largest investments to date in renewable infrastructure. The administration has backed the country’s largest single expansion of the main power grid with 19 new renewable energy projects, which will provide enough electricity for 4 million Australian households by 2030. Through Round 7 of the Capacity Investment Scheme (CIS), these projects will add 7.8 GW of new renewable generation capacity and an additional 7.9 GWh of battery storage through hybrid developments.

Against this backdrop of unprecedented...

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More: Official Press Release Leanfactor

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