A NEW report showing the growth of investment for renewable energy projects has failed to shift the views of Nundle locals opposed to the Hills of Gold wind farm.
The Clean Energy Council's report shows investor confidence in renewable projects like wind and solar has risen from 6.5 in 2019 to 7.3 on a scale to 10.
NSW leads the way due to the state government's new Renewable Energy Zones (REZ), which include the New England region, peaking investor interest.
However, Hills of Gold Preservation Society president John Krsulja said while investor confidence was important, it did not change the fact the majority of the Nundle community opposed the project.
"As far as I am aware, Nundle isn't included in the New England REZ and in my opinion that's because there are several places in the New England better suited to a wind farm than the Hills of Gold," Mr Krsulja said.
"I've said this all along, I'm not opposed to renewable energy, I'm just opposed to a wind farm being constructed in the Hills of Gold.
"Recently, there has been a few large-scale solar farms for our region be approved or that have been presented to little or no community opposition because that's where renewable energies belong."
The company behind the proposed wind farm Wind Energy Partners' managing director Jamie Chivers said while the Hills of Gold project had plenty of investor support, it was pleasing to see confidence in the sector continue to grow.
""I think what the Clean Energy Council is saying is certainly the sentiment we are hearing and seeing in the market," Mr Chivers said.
"There is strong appetite for clean energy investments like the Hills of Gold wind farm.
"Certainly there has been a lot more investment in renewable energy than there has been any traditional fossil fuel generated energy sector.
"We expect that growth to continue, especially in NSW."
Mr Chivers said the New England region was "a terrific spot for renewable projects".
"Obviously the sources for solar, wind, hydro pump storage are all there, but more importantly the backbone transmission lines that run through will promote more jobs and power across the state," he said.
"We're comfortable with where our project sits right now in terms of its competitiveness to be able to provide lower priced power to NSW residents and businesses."