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Victoria has approved Australia's largest wind farm project to help the country expand renewable energy installations and achieve ambitious climate goals. The state government said on Thursday that the planned Wallachnabil Energy Park will have an installed capacity of up to 1.5 gigawatts, which can meet about 12% of Victoria's future electricity needs. The project is still subject to federal approval. Australia is speeding up investment in the renewable energy sector, reducing its dependence on coal, and striving to achieve emission reduction targets of up to 70% by 2035. The project was approved in this context. The government also set a target. By 2030, renewable energy will account for 82% of the country's electricity structure, almost double the current level. According to the announcement, the Wolacknabil project will also support the construction of two 300 megawatt battery energy storage systems.
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Victoria has approved Australia's largest wind farm project to help the country expand renewable energy installations and achieve ambitious climate goals. The state government said on Thursday that the planned Wallachnabil Energy Park will have an installed capacity of up to 1.5 gigawatts, which can meet about 12% of Victoria's future electricity needs. The project is still subject to federal approval. Australia is speeding up investment in the renewable energy sector, reducing its dependence on coal, and striving to achieve emission reduction targets of up to 70% by 2035. The project was approved in this context. The government also set a target. By 2030, renewable energy will account for 82% of the country's electricity structure, almost double the current level. According to the announcement, the Wolacknabil project will also support the construction of two 300 megawatt battery energy storage systems.
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