Australia Urged to Boost Renewable Investment to Meet Clean Energy Target

Investment in renewable energy projects in Australia rebounded in the first quarter of 2024 from the 2023 lows, but the country needs to further boost its annual investments to meet the government’s 2030 clean energy target, industry body Clean Energy Council said in a report on Friday.  The association’s Renewable Projects Quarterly Report for Q1 2024 found that large-scale renewable generation projects saw five projects totaling 895 megawatts (MW) of capacity reaching financial commitment during the first quarter of…