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Australia officially opened its first offshore wind zone off the southern coast of Victoria, as the nation seeks to speed its energy transition away from fossil fuels.
The zone, in the Bass Strait between Victoria and Tasmania, has the potential to host 10 gigawatts of wind capacity, the equivalent of around five coal plants, the government said Monday in a statement. The Star of the South was also granted major project status in a move to boost the 2.2-gigawatt project’s ability to raise capital.
