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.
DumpTheAge
God this is depresing. What the heck are we going to do about it ScoMo. Not good enough