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.
The Australian Renewable Energy Agency (ARENA) has partnered with Monash University and technology provider Indra Australia to trial a microgrid as a first step to powering Monash’s Clayton campus entirely with renewable energy by 2030.
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.
The first large-scale solar and battery storage project to be connected to the grid in Australia has started providing power to 3,000 homes and businesses in Far North Queensland (FNQ) while forming a test case for deliberate 'islanding'.
As part of an initiative by the Australian government, the Australian Renewable Energy Agency (ARENA) awarded a total of AU$29.2 million for 20 research projects to propel the development of PV technology.