Foreign Owners Reign Australian Wind Farm Developments

Featured Image

Foreign companies dominate ownership of many Australian wind farm developments, taking an estimated $1.7 billion a year in renewable energy subsidies offshore. 60% of the existing wind farms are owned by foreign companies. This will increase to 69% when 4 projects currently in development are complete.

The percentage will go up further when the nation’s biggest wind farm development Stockyard Hill in Victoria is constructed.

The sale by Origin Energy of the Stockyard Hill wind farm project to Chinese company Goldwind Energy this week has made the spotlight on the shift to foreign ownership in Australia’s biggest renewable energy industry.


Click here to read the full story on The Australian Business Review



Assessing the Federal Election Outcome for Australian Solar and Sustainability

On Saturday 21 May Australia’s federal election was held. From a renewables and sustainability perspective (among other factors) the outcome of this...

Read More

The Reasoning Behind Recycling Solar Panels

It’s not news that the greater use of solar power provides a path to a better future. One where renewable energy is more affordable for consumers,...

Read More