The Government has approved and committed funding for Prime Minister Scott Morrison’s renewable energy plan, Snowy 2.0.
The project is expected to provide 175 hours of energy storage – enough to power 500 000 homes and create up to 2 400 jobs in construction and 5000 direct and indirect jobs across the region.
Morrison said, “Our Government is investing in world-class, renewable energy to deliver more affordable, reliable power to Australians with a $1.38 billion investment into the Snowy Hydro 2.0 project.”