You are here
Home > Region > Renewables confidence rises as solar boom shows no sign of fading

Renewables confidence rises as solar boom shows no sign of fading

solar panels sun

By Peter Hannam, The Sydney Morning Herald.

INVESTOR CONFIDENCE in clean energy is rising strongly, led by interest in NSW’s new renewables zones, while the boom in solar rooftop installations shows little sign of tapering.

The latest semi-annual survey of renewable energy generators and storage firms by the Clean Energy Council showed businesses were more confident about investing in large-scale wind and solar farms than any of the previous four polls.

On a range of 0–10, the confidence level rose to 7.3 at the end of June from a low of 6.5 at the end of 2019.

Among the states, NSW topped the list for the first time, with investor confidence up from 6.8 to 7.5 at the end of June. It overtook Victoria, where confidence edged higher from 6.9 to 7, while Queensland also registered a big rise from 5.6 to 6.8.

… CONTINUE READING

Similar Articles

Leave a Reply

Top