The Australian renewable energy regulator has released new information revealing that the country is well on track to meet its 2020 clean energy targets.
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| Record level of investment in renewable energy last year in Australia. |
Australia has committed that at least 33,000 gigawatt-hours (GWh) of the country’s electricity will come from renewable energy sources by 2020. For the target to be met, it has been estimated that roughly 6,000 megawatts (MW) of clean energy projects would need to be announced and built between 2016 and 2019.
Clean Energy Regulator Chairman David Parker explained that the record level of investment in renewable energy projects in 2017 helped the country reach a significant milestone and was critical for the positive forecast of the next years.
Read the ClimateAction story - “Australia on the way to achieving its 2020 renewable energy targets.”
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