Global Headwinds Hit Australian Wind Energy

Global Headwinds Hit Australian Wind Energy

The Australian state of Victoria said on Tuesday it would delay its first offshore wind auction amid challenging investment climate in the sector, in another blow to Australia’s offshore wind ambitions.  The offshore wind auction in Gippsland, initially slated to be held this month, will be delayed until at least by the end of 2025, by which time the Victoria government would unveil a new timeline.  “As the global market for offshore wind invest…

Victorian offshore wind auction delay stalls renewable industry's plans

The Victorian government pushes back its timeline for new offshore wind farms in the state's east in a blow to developers looking to move their projects to the next stage.

Renewables hit fresh speed bump as Victoria delays offshore wind plans

The state has delayed its timeline for the rollout, just days before federal Labor reveals its updated emissions reductions plan.

Trouble in the water: Victoria delays first offshore wind tender

The Victorian Government has postponed its Gippsland offshore wind tender, delivering yet another blow to Australia’s fledgling offshore wind industry. Related article: BlueFloat cancels Gippsland Dawn offshore wind project Victorian Minister for Energy and Resources Lily D’Ambrosio announced the decision to delay the auction process, citing issues ranging from a lack of funding agreement from the federal government, delays to plans for the Port…

Australia Delays First Offshore Wind Auction as Global Investment Retreats

Australia's Victoria state has postponed its inaugural auction for offshore wind farm funding, citing global investment hurdles, in a setback to an industry deemed vital to the country's transition from coal-fired power to renewable energy.

First Australian offshore wind tender stalls in new blow to sector

Key state of Victoria won't now launch September auction for power from projects including CIP trailblazer Star of the South