Australia’s Renewable Project Pipeline Is Booming
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Following government tenders for nearly 10 gigawatts of new renewable energy capacity, Australia’s pipeline of probable clean energy projects jumped by about 30% to as much as 32.3 GW in the biggest surge on record. The total of accredited, committed, and probable projects have now soared to nearly 70 GW as Australia continues to award tenders for wind, solar, and battery energy storage projects, Bloomberg reported on Thursday, citing data compiled by Australia’s Clean Energy Regulator. Granted, not all projects currently classified…
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Financial market analysis indicating bullish sentiment based on current trends.
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