Australia delays first offshore wind auction as global investment retreats
Published on: Sept. 16, 2025, 12:21 p.m. | Source: Devdiscourse
Australia's Victoria state has postponed its inaugural auction for offshore wind farm funding, citing global investment hurdles, in a setback to an industry deemed vital to the country's transition from coal-fired power to renewable energy. The state government confirmed on Tuesday that it would delay the auction process, which had been scheduled for this month, and would release a revised timeline by the year-end.
