Lower Costs, Greater Investment Produces Record Year for Australian Renewable Energy
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Renewable energy produced a record share of Australia’s electricity in 2016, with a slew of new projects putting Australia on track to reach the 2020 Renewable Energy Target. More than 17 per cent of Australia’s electricity came from renewable sources last year, up from 14.6 per cent in 2015, thanks to greater rainfall in key hydro catchments and a series of new wind and solar projects, according to a new report from the Clean Energy Council. Clean Energy Council Chief Executive Kane Thornton said the industry was set for another record year in 2017. “Every month brings new project announcements. While …