Victoria commits $90m to progress offshore wind port at Port of Hastings

AI Summary

The Victoria state government of Australia has committed AUD 124.5 million to advance the first heavy-duty offshore wind port at the Port of Hastings. This funding supports the development of renewable energy infrastructure and aids in the transition to clean energy sources.

The Victoria state government has committed AUD 124.5m ($90.1m) in its 2026/27 budget to advance the proposed Renewable Energy Terminal at the Port of Hastings. This funding will progress the Environmental Effects Statement (EES) process for the first heavy-duty offshore wind port of its kind in Australia. The terminal is designed to enable onshore turbine …