Tasmania and Victoria have been guaranteed a combined 1.7 GW of the 6 GW of new variable renewable energy projects the Australian government is targeting as part of what is the largest single renewables tender in the country’s history.
The Australian government has confirmed that Victoria will be guaranteed at least 1.4 GW of new renewable energy projects and Tasmania will be assured at least 300 MW in the first national Capacity Investment Scheme (CIS) tender. The tender is expected to open for bids on 31 May 2024, with registrations scheduled to open on 16 May.
The announcement comes after recent deals allocated at least 2.2 GW of the 6 GW produced through the national tender to New South Wales (NSW) while South Australia has been allocated 300 MW. The remaining 1.8 GW of renewable capacity will be allocated to projects across the jurisdictions based on a merit assessment of the projects. The first…
