French independent power producer (IPP) Neoen has completed debt financing for a 1.5GW portfolio of solar, wind and battery energy storage assets in Australia.
The Australian government’s green bank Clean Energy Finance Corporation (CEFC) has increased its renewable energy investment to a record of AU$1.2 billion (US$770 million) in the 2022-23 year.
Renewables developer ACEN Australia has secured an AU$75 million (US$47.8 million) investment to accelerate the delivery of an 8GW clean energy portfolio in Australia.
Independent power producer Neoen has completed a 50MW expansion of its Hornsdale utility-scale battery in South Australia, an upgrade the company says will reduce the risks of blackouts.
Australia's state-run renewable energy financier, Clean Energy Finance Corp (CEFC), invested a record-breaking total of $1.3 billion in the clean energy sector in FY19.
