Geodynamics makes announcement as solar researchers speak out against cuts to the Australian Renewable Energy Agency
Renewable energy projects in Australia are already being suspended as a result of the two major parties’ plans to effectively abolish the Australian Renewable Energy Agency (Arena).
In an announcement this week to the Australian Stock Exchange, Geodynamics announced it was suspending two large biogas projects in Goulburn, New South Wales, and Mindarra, Western Australia. It told investors it was doing so because of uncertainty surrounding the possibility of getting grant funding for the projects in the future.
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