Written by Squadron Energy |
Squadron Energy welcomes the $3.9 billion being invested in NSW’s clean energy future as part of the 2023-24 NSW Budget, including the commitment to deliver clean and affordable energy across the state.
As a leading Australian renewable energy company, we are committed to working with the NSW Government to transition our energy system to meet emission reduction targets while ensuring the lights stay on in homes and businesses.
We welcome the significant $1 billion being invested in establishing an Energy Security Corporation for storage and firming projects, and the state’s commitment to reduce power bills for all households.
The $804 million being committed to connect Renewable Energy Zones to the grid sooner is vital in ensuring we roll out our renewable energy projects at pace while bringing benefits to the local communities.
Squadron Energy’s priority is to bring benefits to communities, creating jobs and providing a significant boost to the regional economy. The NSW Government's $480 million commitment to ensure NSW workers, small businesses and industries reap benefits from the renewables transition is one that aligns with our values, and we look forward to supporting this as we transition to a greener future.
As we continue to lead the clean energy transition, we will work with all states and territories, enabling us to contribute to meeting the Federal Government's 82% renewable energy target by 2030.
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