Investment in renewable energy and jobs continues

The Victorian Government recently launched the second Victorian Renewable Energy Target (VRET) auction, which will create thousands of jobs and help power the entire Victorian Government with clean energy.

The auction will support at least 600 megawatts of energy which will help power government schools, hospitals and trains. It will deliver more than 2,000 new jobs and $1 billion worth of economic investment in Victoria. It will also make a significant contribution to halving the state’s carbon emissions by 2030 and meeting the Government’s ambitious target of 50 percent renewable energy by 2030.

The auction has strong local content requirements, to ensure more of the work generated by the auction is delivered in Victoria, and robust obligations on proponents to share the benefits of their project with the local community.

Find out more information about the Victorian Renewable Energy Target Auction here.

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Edition 56: 23 August 2021
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