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.
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.
An extra AU$100 million (US$70.76 million) of funding could be put into a rebate scheme for households buying energy storage systems in South Australia, after a peer-to-peer lending group stepped in.