BlackRock Makes $700 Million Investment in Australian Battery Storage

Figures from the Australian government show that fossil fuels accounted for 76% of total electricity generation in 2020, with coal's share coming in at 54%, gas at 20% and oil at 2%. Renewables' share came in at 24%.

In a speech last month, the country's prime minister, Anthony Albanese, said that"the challenge of climate change is also an opportunity going forward that we must seize to, indeed, become a renewable energy superpower."In a statement Tuesday, Charlie Reid, who is APAC co-head of climate infrastructure at BlackRock, said that as Australian renewable energy infrastructure continued to"mature," investment would be needed in battery storage assets.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Brazilian Crypto Investment Platform Bluebenx Stops Withdrawals Under Hack Allegations – Exchanges Bitcoin NewsThe company alleges it was the victim of a hack that made them lose more than $31 million in crypto, according to Assuramaya Kuthumi, Bluebenx attorney.
Herkunft: BTCTN - 🏆 531. / 51 Weiterlesen »

St. Johns Golf Club renovation on track for fall completion - Jacksonville Business JournalThe $8 million improvement project is an example of the current trend in the industry to make investments in local courses.
Herkunft: JaxBizJournal - 🏆 599. / 51 Weiterlesen »