The renewable energy sector breathed a collective sigh of relief on Friday, with news the Climate Change Authority is keen for the renewable energy target to largely remain unchanged. It is big news for the sector, with the large-scale target set to be the driver of billions of dollars in renewables investment.
To see how important, take a look at clean energy investment in Australia since the RET was expanded in 2009. It’s quite a pretty picture.
Silverton wind farm