Capacity Investment Scheme

Australia’s renewable energy sector is poised for expansion with 19 new projects announced under the Capacity Investment Scheme (CIS) Tender 1.  These projects will add 6.4GW of clean energy to the national electricity market, powering three million homes and advancing the goal of 82% renewable electricity by 2030. The projects span New South Wales, Victoria, South Australia, and Queensland, incorporating solar, wind, and hybrid technologies, with 40% featuring battery storage for reliability. New South Wales…