Environment Minister Lily D'Ambrosio says it will also reduce electricity sector emissions by 16 per cent by 2034-35.
"These legislated targets remain the one constant for renewable energy investor confidence in Australia and the message is clear - Victoria is open for business," she said in a statement.
An ambitious renewable energy target of 40 per cent by 2025 has been given the green light by Victoria's parliament.
http://www.sbs.com.au/news/article/2017/10/20/vic-locks-40pc-renewable-energy-target
RC mentioned possible Vic state Govmt support for the new manufacturing site.
Its slow but seems each step is very medodical, thought out and very deliberate. We get news in next couple of weeks regards 6m from Arena.
RC has a vision, he has skin,we have no debt. Its OK !
If we can deliver power @ 5 cents (ish) per Kwh following high volume production. I think energy companies like Genex and others doing pumped hydro would love to use our cheaper (50%) panels.
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