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.

Neoen completes Australia’s largest solar project

French renewable energy firm Neoen has started commercial operation at its 189MW Coleambally Solar Farm in New South Wales, Australia, which is said to be producing the highest energy output of any solar farm in the country’s National Electricity Market at present.

Australia’s Snowy Hydro contracts 888MW of wind and solar

Australian utility Snowy Hydro has contracted eight wind and solar projects totalling 888MW in capacity across New South Wales and Victoria to reduce its exposure to high wholesale power prices, due to its current inability to supply power to all its customers via its own power generation.