South Australia locks in federal funds to become first grid in world to reach 100 per cent net wind and sola

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    Australia leads the way . smile.png

    Fantastic move by responsible and progressive governments .

    " South Australia has locked in federal funding to ensure that it becomes the first non-hydro grid in the world to reach 100 per cent net renewables.

    The funding deal – through what’s known as a Renewable Energy Transformation Agreement – means that the federal government will underwrite a minimum one gigawatt of new wind and solar generation capacity and another 400 MW (1,600 MWh) of storage – to ensure it meets its target of 100 per cent net renewables by 2027.

    South Australia already leads Australia – and the world – with a wind and solar share of around 70 per cent over the last 12 months. The addition of the new capacity, along with the new Project Energy Connect transmission link from NSW, will enable it to become the first in the world to reach 1`00 per cent net renewables based around wind and solar. "

    https://reneweconomy.com.au/south-australia-locks-in-federal-funds-to-become-first-grid-in-world-to-reach-100-per-cent-net-wind-and-solar/
 
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