27 July 2011, Page: 27

He said the old Mitsubishi site at Tonsley Park would be turned into a hub for innovative companies in sustainable technologies. "We are expecting Tonsley Park to attract $1 billion in private investment over 15 years, with up to 8600 people employed on the site and increasing the gross state product by $400 million a year by 2026", he said. "So now we have a new target of having 33% of our electricity generation come from renewable energy by 2020". Mr Combet said of the new Clean Energy Finance Corporation: "(It) will play a vital role in unlocking significant new private investment into clean energy projects and the supply chain that feeds into these projects".
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