News

Power Utility

Staff Reporter

, Australia

Published:

10 days ago

Photo by Fré Sonneveld via Unsplash

Australia launches 1.7 GW RE tender in Victoria and Tasmania

This is the country’s largest tender for the month of May.

The Australian government has launched a total of 1.7 gigawatts (GW) of renewable energy tender in the states of Victoria and Tasmania under the Capacity Investment Scheme.

In a statement, Chris Bowen, Minister for Climate Change and Energy, said 1.4 GW of the launched tender is allocated to Victoria, with the capacity enough to power at least 700,000 households.

ALSO READ: Australia grants offshore wind feasibility licences for Gippsland Coast

Tasmania, meanwhile, will be guaranteed at least 300 megawatts of new projects.

The tender came, following the earlier allocation of 2.2 GW for New South Wales, 300 MW for South Australia, and 500 MW for Western Australia.

The Capacity Investment Scheme aims to operate 32 GW of renewable projects between now and 2030.

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