Australia announces new subsidy policy for renewable energy manufacturing

The Australian federal government has unveiled plans for a Future Made in Australia Act, proposing taxpayer-funded incentives to advance renewable energy industries, manufacturing, and infrastructure to stake the nation's place in the global clean energy race. From pv magazine Australia Australian Prime Minister Anthony Albanese has announced an initiative modeled on the US Inflation Reduction Act (IRA) to seize opportunities associated with the global renewable energy transition and to capitalize further on the country's significant clean energy resources. "There's a race for opportunity, ...

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