
RET Watch: Review puts Australia’s largest wind project in doubt
The RET Review has cast a shadow of doubt over Australia’s largest wind farm project that was given the go ahead by the South Australian government in February.
The prospect of the Abbott government reducing or weakening the Renewable Energy Target puts the 600 MW Ceres wind farm at risk (but that’s not all).
“We need a strong RET to move ahead,” managing director of Senvion Australia Chris Judd has told The Advertiser. “We don’t want this private investment, that will create 500 construction and 50 ongoing jobs in Australia, to be put at risk.”
Jobs in regional Australia isn’t all that’s at stake. In addition to losing critically important renewable energy capacity, $1.5 billion worth of investment and and estimated $8 million (p.a for 25 years) boost to the local economy could go. Continue reading “RET Watch: Review puts Australia’s largest wind project in doubt”