CEFC rolls out first investment under $20 billion Rewiring the Nation fund
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.
Global solar industry corporate funding grows 55% year-over-year
Through the first nine months of 2023, $45.56 billion (USD 28.9 billion) of venture capital, public market, and debt financing was injected into solar, says a report from Mercom Capital Group.
Fortescue in line for US green hydrogen funding
A green hydrogen collective that includes Australia’s Fortescue is set to share in more than $11 billion (USD 7 billion) of United States government funding as the Biden administration seeks to accelerate the commercial-scale production and deployment of low-cost, renewable hydrogen.
Subsidised charging kit for commercial EV fleets launched with ARENA support
Melbourne-based company JET Charge has today launched its ‘Charging as a Service’ initiative, a subsidised and subscription-based electric vehicle charging solution for commercial fleets supported by ARENA.
Registrations open for 600 MW storage underwriting scheme in SA and Victoria
Registrations for the South Australia and Victorian Capacity Investment Scheme, Australia’s new zero-emissions storage underwriting program, have opened today.
Australia opens applications for $2 billion green hydrogen support program
Australia’s federal hydrogen support program has now opened to applications after this process was expedited – likely in response to concerns Australia is rapidly losing ground in the hydrogen race.
Brookfield’s $18 billion bid for Origin approved by ACCC
Australia’s antitrust watchdog has approved Brookfield’s takeover bid for Origin Energy, clearing the way for shareholders to vote on one of Australia’s largest recent corporate buyouts.
Genex seals 337.5 MW solar supply deal with Fortescue
Australian renewable energy developer Genex Power says has committed to building the 2 GW multi-stage Bulli Creek solar and battery project in Queensland’s southeast after entering into a 25-year offtake agreement with the green energy arm of Fortescue Metals Group.
Weekend Read: the solar-battery-EV dream
For those who combine solar, batteries, and electric vehicles (EVs) at home, driving on sunshine is a realistic goal. However, there are many factors to consider when analysing the economic payoffs, as well as the technical possibilities and limitations of such systems.
Lodestone links with UK companies to progress NZ solar strategy
With five solar farms already under construction, New Zealand renewables developer Lodestone Energy has teamed with a trio of British-based companies to develop another nine PV projects that are expected to deliver more than 500 GWh in additional solar generation.
