Redflow NEWS & EVENTS, page-1368

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For what its worth.


Yesterday’s exciting announcement by Federal Energy Minister Chris Bowen of the revamp to the National Capacity Investment Scheme was welcomed by Redflow.

This investment in renewables and storage will accelerate project deployments and the achievement of renewable energy targets by 2030 while ensuring grid reliability.

That ambitious targets that have now been lifted to 9 GW of storage capacity and 23 GW of variable renewable generation, for a total of 32 GW nationally will supercharge the industry’s growth.

The positive impact of this investment could be multiplied if the projects under the scheme support local industry and the preferencing of Australian clean energy developed and manufactured technologies.

We look forward to seeing the details of the scheme and how @Redflow can be a part of the investment scheme.