Australia's Clean Energy Finance Corporation (CEFC) has made its largest equity investment in renewable energy, with AU$100 million (US$72 million) in the Australian Renewables Income Fund (ARIF), aiming to encourage institutional investors to further expand their reach into clean energy.
Australia is to trial using solar and wind power to produce hydrogen via electrolysis, with the hydrogen then being used for long-term energy storage in the Sydney gas network.
Amid the ongoing furore about the Federal Government’s proposed National Energy Guarantee (NEG), a 280MW solar PV project and a 52MWh battery project are both set to go ahead in South Australia, it has been announced today.
Genex Power has announced that the Northern Australia Infrastructure Facility (NAIF) Board has supported a financing structure for Genex’ Kidston State 2 Project through the provision of an indicative term sheet for a long-term concession debt facility of up to US$382 million.
On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has announced US$23.8 million in funding for the next phase of the US$44.6 million Solar Energy Transformation Program (SETuP) project.
The Australian Renewable Energy Agency (ARENA) has announced a US$5.2 million funding initiative that will examine how PV projects, wind farms and storage systems can offer grid stability and security services.
Solar hydropanels that can produce clean drinking water from the air alone, using a combination of solar PV with solar thermal technology, are to be trialled across Australia.
The Australian Renewable Energy Agency (ARENA) is seeking expressions of interest (EOI) for projects to trial short-term forecasting from large-scale wind and solar farms across Australia.
