The government of Queensland, Australia, has pledged to allocate A$26 billion ($17.3 billion) from its upcoming state budget for the next four years to fund renewable energy and storage and power-transmission projects.
It’s considered the largest ever investment in renewable-energy assets in the nation ahead of the Queensland State Budget.
The upcoming budget will invest in the renewable energy and jobs plan over the next four years – a boost from the A$19 billion ($13 billion) in last year’s budget.
This includes:
A$16.5 billion ($11 billion) toward renewable energy and storage projects
A$8.5 billion ($5.7 billion) to build the SuperGrid, including Copperstring and renewable-energy zones
A$500 million ($333 million) for network batteries and support of local grid solutions
A$192 million ($128 million) for the Transmission and Training Hubs in Townsville and Gladstone.
This investment is made possible b
