Queensland Government increases public investment in renewable energy

The Queensland Government is committing $500 million to accelerate the development of large-scale solar and wind projects, reinforcing its commitment to renewable energy targets.

This strategic investment will capitalise on Queensland's abundant solar and wind resources and make a significant contribution to the state's 70% renewable energy target by 2032.

The initiative is expected to create employment opportunities, supporting up to 4,000 jobs during the construction phase of the projects, which will be located in central Queensland.

The investment will enable government-owned CleanCo to expand its existing portfolio of publicly owned generation assets and connect them through the Queensland SuperGrid, the state's renewable energy backbone.

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