The Clean Energy Finance Corporation has backed a hydrogen fuel cell developer $10.4 million to support an innovative form of technology using silicon-based bipolar plates.
The Victoria to New South Wales Interconnector West 500 kV transmission line has received an $840 million boost to progress its early works, enabling equipment orders, the project’s design, and market and community engagement to progress.
Australian fuel retailer Ampol has committed to a multitude of decarbonisation strategies throughout its service station network, including the roll out of electric vehicle charging stations and rooftop solar, funded in part by the Clean Energy Finance Corporation.
The Northern Territory and Australian government have signed a landmark $250 million deal under the Rewiring the Nation fund to upgrade the Territory’s grid and rollout new transmission projects before 2030.
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.
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