Figures from the Clean Energy Council for the second quarter of 2021 reveal three new projects across the country reached the financial commitment stage, the equal second-lowest number for any quarter since the start of 2017.By capacity, those new projects will add 432 megawatts, or about the size of one coal-fired power station unit. That generation amount was almost one-third down from the quarterly average of 2020, or 70 per cent down on the 2018 average, the industry group said.
“Investment in clean energy has fallen to levels not seen for several years as a result of the increased risks facing investors, including from grid connection and network constraints as well as the ongoing unpredictable and unhelpful government policy interventions and market reforms,” Mr Thornton said.
When small-scale solar is added, installation of new capacity will remain strong at between 5.5 and 6 gigawatts even with COVID-19 restrictions.
p_hannam The weak will fall - the strongest will rise up
p_hannam all that subsidy money for home solar could be redirected
p_hannam ScottMorrisonMP Owned by the Mining industry
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: theage - 🏆 8. / 77 Read more »