Funding Setback Puts $8 Billion Victorian Offshore Wind Project in Doubt

Date:

Another slated Australian wind farm project faces challenges getting off the ground.

Funding Setback Puts $8 Billion Victorian Offshore Wind Project in Doubt

A view of Wonthaggi Wind Farm to the south-east of Melbourne in Victoria, Australia, on July 7, 2015. Quinn Rooney/Getty Images

Crystal-Rose Jones

|Updated:

There are signs a planned $8 billion (US$5.3 billion) offshore wind farm pegged for Victoria’s Gippsland region could face setbacks due to government timelines for delivery.

The proposed Navigator North had been slated as a 110-turbine facility capable of powering around a million homes.

Crystal-Rose Jones

Crystal-Rose Jones is a reporter based in Australia. She previously worked at News Corp for 16 years as a senior journalist and editor.

Author’s Selected Articles

spot_imgspot_imgspot_img

Share post:

More like this
Related

The 70/20/10 Defense: A Bare-Bones Budget Template for 2026 Economic Volatility

In 2026, the potential for economic volatility is coming...

IRS Tax Tool Updated to Reflect New Deductions

The Internal Revenue Service in Washington on Jan. 6,...

US Could Deploy Naval Escorts for Commercial Shipping in Hormuz, Bessent Says

U.S. Treasury Secretary Scott Bessent attends the 56th annual...

Train, Air Services Between Beijing, Pyongyang Resume Amid US War on Iran

The CCP and Kim Jong Un are getting closer...