Jekara Group is thrilled to see such robust investment in the #cleanenergy transition, paving the way for a sustainable future and numerous economic opportunities. Queensland Treasury Kara Frederick David Finn Jeff Phillips #venturecapital #cleantech #energytransition #energy #technology #innovation #manufacturing #investment #sustainability #climate
This afternoon's Queensland Budget saw a welcome $7 billion boost to the Queensland Energy and Jobs Plan, bringing the total commitment to the Sunshine State's #cleanenergy transition to $26 billion over the next four years. "It is imperative that Queensland stays the course and meets our energy and emissions reduction targets, to maximise jobs and economic opportunities, particularly in regional communities," our Regional Director of Policy and Impact - Queensland, Tracey Stinson, said. Some of the key commitments in this year's Budget include: - $16.5 billion committed to supporting the development of renewable energy and storage projects across the state - $8.5 billion towards upgrading the Queensland SuperGrid, including the Copperstring 2032 transmission project and renewable energy zones - $500 million to support network batteries and support of local grid solutions - $192 million to establish Transmission and Training Hubs in Townsville and Gladstone - $8.686 billion in capital investment to be delivered in the 2024-25 financial year