Renew Economy·4 min read·medium
Struggling wind projects warned their unused capacity will be returned to future CIS tenders
S
Sophie Vorrath
✦AI Summary
The Australian government has warned wind energy projects that fail to meet contract milestones under the Capacity Investment Scheme will face termination. Officials stated that struggling projects should relinquish their contracts to allow more viable developments to take their place.
Capacity Investment Scheme-winning wind projects struggling to meet the terms of the contract they were awarded should “relinquish” those contracts and reapply to an upcoming tender, to deliver these “important projects” as quickly as possible.
businessenvironmenteconomy
✦
Get the full story
Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.
Create free accountAlready have an account? Sign in