Antinuclear

South West Victoria’s wind farm goes ahead

ACT-backed wind farm project to go ahead in Victoria, ABC News, 27 June 15 The Ararat wind farm has secured finance to build 75 turbines in south-west Victoria, helping the Australian Capital Territory to meet its renewable energy target (RET).

The project was one of three winners of the ACT Government’s 200 megawatt wind auction held earlier this year.

It is also the first major contract to be signed following the Federal Government’s decision to lower the renewable energy target.

Environment Minister Simon Corbell said without the ACT’s 20-year feed-in tariff, the Victorian project would not have gone ahead.

“There’s no doubt the ACT’s large scale feed-in tariff law allows projects to be bankable, that is it allows them to get the finance they need to go ahead,” he said…………http://www.abc.net.au/news/2015-06-26/act-backed-wind-farm-project-to-go-ahead-in-victoria/6574618

June 27, 2015 - Posted by Christina Macpherson | General News