: Wind farm licences previously issued by the state had to be sub-leased under finite crown land leases but the new laws will allow developers to co-exist alongside an existing pastoral lease, according to Nine News Australia. Climate Change Minister Ian Hunter says the Pastoral Land Management and Conservation Amendment Act also improves access to crown land for solar developments. Laws coming into effect on Saturday will enable wind energy developers to apply for 25-year licences to use pastoral lease land, with the option to renew licences for a further quarter century. He says it is part of a state government push to promote investment in renewable energy through supportive policies."This legislation reinforces that South Australia is open for business when it comes to renewable energy," Mr Hunter said on Friday."It enables investors to capitalise on our world-class solar and wind resources."Under the legislation, 95 per cent of wind farm licence payments will go to pastoral lease holders and native title holders."It protects existing stakeholders interests while providing investors with the security of tenure required to attract project finance," Mr Hunter said.© AAP 2015South your news tips Do you have any news photos or videos Career News: Seven signs your resume is just right - seek.com.au Property news: ten people you always see at auctions - realestate.com.au Career news: When your colleagues earn more than you - seek.com.au Property news: What home buyers are looking for this spring - realestate.com.au Career news: How to create a business plan in five steps - seeklearning.com.au
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