Eighty-four bids were made in the tender, the first major one in the government’s Capacity Investment Scheme that seeks to encourage the building of 32 gigawatts of renewable capacity by 2030 by offering revenue guarantees.
Australia selected 19 projects in its biggest renewable energy tender yet, as part of plans to stimulate a world-leading transition away from an ageing fleet of coal-fired plants.
The projects — operated by companies including Neoen, BP and billionaire Andrew Forrest’s Squadron Energy — include solar, wind and battery projects totaling 6.4 gigawatts, enough to power more than 3 million households, Energy Minister Chris Bowen said Wednesday.
