Vestas says lack of certainty will kill wind energy in Australia
Vestas CEO Ditlev Engel says bipartisan support for renewables needs to extend beyond next election, because lack of certainty will kill capital intensive wind industry. He notes other countries are maintaining and expanding renewable targets, and concedes storage will be the “game-changer” for the technology.

























ARENA plans new mechanisms as funding cut, deferred
ARENA has suffered a 5 pct cut in funds, and had a further $370 million in funding deferred. However, the agency says the “reprofiling” may suit its investment plans, as it considers tariff support and contracts for difference to augment one off grants. And it is about to launch a new $400 million off-grid and remote renewables investment program.