Energy transition: Anthony Albanese pours $1b into solar panel manufacturing

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The Albanese government will dedicate $1 billion towards the domestic production of solar panels, including in coal-rich Hunter Valley.

The Albanese government will dedicate $1 billion in subsidies, grants and other forms of support to the domestic production of solar panels, including in the coal-rich Hunter Valley.

“Places like the Hunter that have powered our nation for more than a century will power our future,” he said. Resources Minister Madeleine King has been forced to delay passage of an offshore gas regulation change the industry needs to boost investment certainty.Delaying the gas bill gave Labor an opportunity to prioritise its New Vehicle Efficiency Standard legislation, which the government revealed on Tuesday after negotiating changes with car makers, including Toyota and Tesla.

Source: Energy Industry News (energyindustrynews.net)

 

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