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Victoria moves to become first state to enshrine renewable energy targets in law

renewable energy in victoria, australia
The Victorian renewable energy targets will rely on a reverse auction to encourage the construction of new wind and solar projects. Photograph: Pacific Hydro Limited

Government says law, which will include 40% renewables by 2025 and commitment to invest in new projects, will send a strong signal to investors

August 23, 2017 — The Victorian government has introduced legislation to enshrine its renewable energy targets in law and establish a reverse auction mechanism to build 650 megawatts worth of new projects. Continue reading Victoria moves to become first state to enshrine renewable energy targets in law