The Clean Energy Finance Corporation will help small-to-medium sized businesses finance a broad range of clean energy technologies making electric vehicles, roof top solar, batteries, and more efficient farming equipment, cheaper.
South Australia’s virtual power plant has partnered with community housing provider, Unity Housing, to supply low cost energy to disadvantaged tenants, as part of its fourth phase to connect more than 7,500 households with clean energy.
The federal government has been urged to pick up the pace after the Clean Energy Finance Corporation opened the purse strings on a $1 billion fund that is to support cheaper finance for rooftop solar, home batteries and other energy efficiency upgrades for Australian homes.
Development of the Central West Orana Renewable Energy Zone is predicted to now accelerate with the federal government’s green bank announcing a $490 million commitment to support the development of key grid infrastructure in the New South Wales central west.
The Clean Energy Finance Corporation has made its first investment via the Australian government’s $20 billion (USD 12.67 billion) Rewiring the Nation Fund, committing $100 million to support the build-out of renewable generation, long-duration storage and grid infrastructure in New South Wales.
The Australian government’s green bank has invested a record $1.2 billion (USD 770 million) in large-scale renewables projects in the past financial year but has warned “a lot more” needs to be done to reach 82% renewables by 2030.
Construction of the 350 MW Blind Creek solar farm and large-scale battery energy storage project planned for southeast New South Wales is set to begin next year with renewables developer Octopus Australia announcing the state government has now granted planning approval.
The Australian government’s green bank has tipped $100 million (USD 66 million) in to help fast track the development of the 850 MW/1,680 MWh Waratah Super Battery Project that is set to play a significant role in the nation’s shift from coal-fired generation to renewables.
The Australian government has backed the Clean Energy Finance Corporation to lead the transformation of the nation’s energy grid infrastructure by signing off on a $20.5 billion (USD 13.94 billion) increase in investment capital for the federal government-owned ‘green bank.’
The Clean Energy Finance Corporation has awarded the Australian arm of Malaysia-headquartered property developer Mulpha an $80 million (USD 53.95 million) loan to help deliver the first stage of an energy-efficient apartment development in Sydney’s Hills district which is to be powered by 100% renewable energy.
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