Australia’s recently elected Labor government has revealed the country’s federal budget for the next four years, which includes roughly AU$25 billion (US$16.02 billion) in clean energy investments.
Plan unveiled weeks ahead of election would invest AU$1bn to turn 4,000 education centres into virtual power plants by adding 364MW of solar and batteries.
Solar campaigners hail electoral promise by New South Wales Labor for fresh 7GW in renewable capacity but distribution lobby urges to consider grid implications
Victoria’s Labor government will hold a 650MW renewables auction and has awarded contracts for 138MW of large-scale solar plants to power Melbourne’s tram network.
Australian tech company GreenSync is to trial a software-based marketplace where solar rooftop and energy storage consumers can trade their services with the local network operators to earn extra money.
Australia’s coalition government has secured support from the Labor Party to cut funding for the Australian Renewable Energy Agency (ARENA) from AU$1.3 billion to AU$800 million.
