The Australian government’s green bank, the Clean Energy Finance Corporation (CEFC), has confirmed it invested a record AU$3.5 billion (US$2.19 billion) in the six months to 31 December 2024.
Australia’s Minister for Climate Change and Energy, Chris Bowen, has called on the Australian Renewable Energy Agency (ARENA) to increase funding for community electrification initiatives involving solar PV and batteries.
REC Silicon has secured a US$40 million term loan from Hanwha International LLC, a subsidiary of Korean conglomerate and REC majority shareholder, Hanwha Solutions.
Utility-scale solar and storage developer Solar Proponent has inked 1.6GWac of power purchase agreements (PPAs) across four solar PV power plants in Texas, US.
The Australian government has allocated an additional AU$2 billion (US$1.25 billion) to its green bank, the Clean Energy Finance Corporation (CEFC), to support renewable energy generation and energy storage.
