NSW Government completes first renewable-energy tender
Investors - MAY 2, 2023

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NSW Government completes first renewable-energy tender

by Kali Persall

The Government of New South Wales has released its results for its first renewable-energy tender, unlocking a series of auctions to be held over the next decade, according to The Guardian.

There were winning bids of less than $35 a megawatt-hour for two solar farms and less than $50 a megawatt-hour for a wind farm, marking some of the lowest prices for such auctions ever seen in Australia.

RNE Renewables won the bid for long-duration renewable-energy storage with a 400-megawatt battery offering, and three of the four winning bids were for projects in NSW’s special renewable-energy zones, including a 720-megawatt solar farm planned for New England and a 400-megawatt solar farm for the central-west Orana zone — both offered by ACEN Australia. Goldwind Australia also won for its 275-megawatt Coppabella wind farm in the southern tablelands.

AEMO Services estimates the projects will avoid as much as 11 million tonnes of carbon dioxide emissions over a 20

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