Australia: Capacity Investment Scheme receives interest from 40GW of solar and wind energy
- Admin
- Jun 24, 2024
- 1 min read
Australia's minister for Climate Change and Energy, Chris Bowen, revealed the success of the first auction of the Capacity Investment Scheme (CIS) with over 40GW of solar and wind projects showing interest. The article discusses the significant growth in renewable energy generation capacity through the CIS and various initiatives like the 'Solar ScaleUp Challenge' by Australian Renewable Energy Agency (ARENA) to boost the PV manufacturing industry.
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