The purchase of Liberty Bell Bay, formerly known as TEMCO, is fantastic news for our State and confirms once again we are building Tasmania's renewable energy future, with jobs and investment to flow as a result.
It will not only secure the 250 jobs at the site in Bell Bay, but also sends a clear vote of confidence for investment in our State while confirming our renewable energy credentials.
Tasmania has what the world wants in clean, renewable energy and the purchase of the site will help GFG Alliance achieve their goal to be carbon-neutral by 2030.
With Tasmania now 100 per cent self-sufficient in renewable energy, it will also help us reach our target to double our renewable generation to 200 per cent of our current needs by 2040.
Our ability to produce clean, green energy in spades sets us apart from the rest of the world and is giving businesses the confidence they need to invest in our State.
Importantly, we are committed to further growing the sector and creating more jobs in Tasmania, which is why we’re taking action to ensure it can continue to prosper.
We are continuing to develop a renewable hydrogen industry in Tasmania with key projects now being progressed under the Government’s $50 million Tasmanian Renewable Hydrogen Industry Development Funding Program.
We are also progressing the Marinus Link and Battery of the Nation projects that represent further opportunities to grow the sector and attract even more businesses to our State to invest, create jobs, and grow our renewable energy sector.
Our key priorities are to keep Tasmanians safe, create jobs, rebuild the economy and protect the Tasmanian way of life, and this confirms we are forging ahead in building our State’s future as we continue to recover from COVID-19.