"That's the Valley of the Winds project in New South Wales. The Australian government actually bid out capacity contracts to enable renewables," ACEN president and CEO Eric Francia said in a recent interview.
ACEN, through ACEN Australia, recently secured a capacity investment scheme agreement (CISA) from the Australian government during the latest and largest tender round.
Similar to the Philippines' green energy auction, CISA is a program designed to attract investments in renewable energy generation and dispatchable storage.
This story is from the December 20, 2024 edition of The Philippine Star.
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This story is from the December 20, 2024 edition of The Philippine Star.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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