Renewable energy developers and investors have told Australian industry body the Smart Energy Council ‘they’re done. The sovereign risk in Australia is too great,’ according to the organization’s government relations manager, Wayne Smith. With prospects, employment and energy prices in jeopardy, the trade organization has vowed to petition policymakers for a bankable plan.
A recent project milestone saw the disconnection of properties from overhead lines and will enable 64km of poles and wires to be replaced by off-grid solar-plus-battery solutions.
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