Italian oil giant invests in Australian solar

Eni Australia, a subsidiary of Italian oil and gas firm Eni, which has been active in Australia since 2000, has acquired a 33.7MW construction-ready solar-plus-storage project in the Northern Territory of Australia, from Katherine Solar, a joint venture between Australia’s Epuron and the UK-based Island Green Power.

CEFC invests AU$100 million in Australian Renewables Income Fund

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.