$11 billion allocated to accelerate transition to clean energy in Australia In a groundbreaking announcement, Transgrid, the major grid operator in Australia, has unveiled a bold infrastructure investment plan that will propel the most populous state towards achieving 100% renewable energy within a decade. With a commitment of A$16.5 billion ($11.20 billion), Transgrid aims to […]
Transgrid to spend $11 bln to prepare Australian state for 100% renewables – EQ Mag
Australia’s most populous state will be ready for 100% renewable energy within a decade under a A$16.5 billion ($11.20 billion) infrastructure investment plan announced by a major grid operator on Wednesday. Transgrid, privatised in 2015, will invest in batteries and other energy storage, as well as 2,500 kilometers (1,553.4 miles) of new transmission lines across […]
Australia Clears $1.8 Bln Power Line to Boost Renewable Energy
EnergyConnect, being developed by TransGrid and ElectraNet, is one of several interconnectors that Australia’s energy market operator has said are needed to prevent blackouts, while keeping a lid on power prices. MELBOURNE : Australia on Monday approved a A$2.28 billion ($1.76 billion) project to build the country’s longest power transmission line, which the country’s energy […]
