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The Guardian - AU
The Guardian - AU
National
Peter Hannam

Industry and states welcome Albanese government’s plan to jump-start stalled renewables investment

Solar panels at the Windorah solar farm, near the town of Windorah in Queensland.
Solar panels near the town of Windorah in Queensland. Financial approvals for new wind and solar farms have all but stalled, putting at risk the decarbonisation of the power grid. Photograph: David Gray/Reuters

The Albanese government’s plan to turbo-charge the development of renewable energy has been described as a “landmark” policy for the nation’s transition away from fossil fuels and has been broadly welcomed by industry and state governments.

The energy minister, Chris Bowen, revealed a capacity investment scheme originally aimed to support 6GW of batteries and other storage would be expanded to 32GW. Of that total, 23GW would be for new wind and solar farms, with 9GW for storage.

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