clean energy finance corporation

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.

According to AEMO, Australia will need to install more than 10,000 kilometres of new transmission to connect consumers with renewable energy.

Solar developer Fotowatio Renewable Ventures (FRV) Australia has secured financial close on a 300MW solar farm in New South Wales, Australia.

Clean energy investor Octopus Investments Australia has launched a AU$10 billion (US$6.9 billion) platform that will finance renewables assets and has already acquired Australia’s largest operational solar project.

State-owned green financier partners with Bank of Queensland for AU$100m scheme set to offer cheaper finance to target technologies.

New South Wales government green-lights ESCO Pacific’s Wyalong scheme, set to potentially include extra 25MW battery storage installation.