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The Asia Pacific region is an increasingly important market for renewable energy. Over the next decade, the manufacturing of products and equipment for the industry will increasingly shift to Asia. As a result, there will be considerable scope for investment in the renewable energy sector throughout the region.

This evening, Treasurer Jim Chalmers announced the 2024-2025 Australian Federal Budget (the Budget). The centrepiece of the Budget is the very significant support given to various energy transition measures...