Queensland Pledged $150 Million To Fund Renewable Energy Projects

Climate Action reported that Queensland Premiere Annastacia Palaszczuk announced that $150 million was pledged in expanding renewable energy capacity in Queensland.

The fund will be handled through the Powering Queensland’s Future Plans programme with:

  • $97 million to be allocated to solar panels in schools.
  • The state government is also developing a new solar thermal plant for baseload electricity generation that will provide $50 million in down payment.
  • $3.6 million will be for decarbonisation initiatives in remote communities.
  • $1 million will be used for the research and energy solutions for the Daintree region.

Our Powering Queensland’s Future Plan sets out actions to make sure we get the balance right, delivering more of the cheapest form of new generation renewables sooner to complement our young and efficient fleet of coal and gas-fired generation.

Queensland Premiere Annastacia Palaszczuk

Click here to read the full story on Climate Action

Foresight Acquires Three Queensland Projects

The London-based Foresight Solar Fund is planning to acquire three solar projects that are under construction in Queensland after paying a $55...

Read More

12 New Solar Power Plants Will Boost Australia’s Solar Power Production

The construction of 12 new solar power plants will triple Australia’s large-scale solar power production as stated by ARENA according to ABC News.

Read More
QLD Solar Energy Project Financed Through BlackRock Real Assets

QLD Solar Energy Project Financed Through BlackRock Real Assets

BlackRock Real Assets have acquired a majority stake in a Queensland solar energy project as reported by the Financial Standard.

Read More