Original article by Peter Hannam
The Guardian Australia – Page: Online : 23-Aug-23

Data from the Clean Energy Council shows that only four proposed renewable energy projects reached financial closure during the June quarter. The four wind and solar projects will have a combined generation capacity of 348 megawatts, while their combined investment value is just $225m; this compares with a rolling 12-month average of $1.3bn. CEC CEO Kane Thornton says the lack of political leadership, planning and foresight over the last decade has resulted in significant barriers to investment in clean energy projects in Australia. He adds that these barriers make Australia less attractive at a time when there are significant clean energy investment opportunities worldwide.

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