Plans to establish the first of three ‘renewable energy zones’ (REZ) in the Australian state of New South Wales have seen an overwhelming level of interest, with a call for proposals chalking up a nine-fold oversubscription.
The Australian Renewable Energy Agency (ARENA) has awarded A$9.6 million in funding to 12 projects and study initiatives that will look to further integrate distributed energy resources (DER) into Australia’s electricity grid.
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.