Business
Victoria budgets $540m to develop six new Renewable Energy Zones – RenewEconomy
Victoria sets aside $540m in 2020/21 state budget to develop renewable energy hubs across the state in “unprecedented” public spend on greening the grid.
Victorias Labor state government has set aside $540 million to develop six dedicated renewable energy hubs across the state, as it works to unlock and accommodate gigawatts-worth of new large-scale solar and wind power on the path to 50% renewables by 2030.
The half a billion for renewable energy zones was announced in Tuesday’s 2020/21 State Budget as part of an “unprecedented” $1.6 billion spend on renewable and smart energy initiatves, including the $797 million set aside for energy efficiency…
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