Plans to establish the first of three ‘renewable energy zones’ (REZ) in the Australian state of New South Wales have seen an overwhelming level of interest, with a call for proposals chalking up a nine-fold oversubscription.
BP has landed funding from the Australian government to assess the feasibility of a renewable hydrogen and ammonia production facility in Western Australia.
Think tank warns in pre-budget submission paper that government agency – which has no funding beyond 2021-2022 – will run out of money for new projects by mid-2020.
APA Group has launched the 110MW Darling Downs solar farm in Queensland after a late dropping of the EPC contractor and regional grid integration delays.
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.
Australia is to trial using solar and wind power to produce hydrogen via electrolysis, with the hydrogen then being used for long-term energy storage in the Sydney gas network.
Amid the ongoing furore about the Federal Government’s proposed National Energy Guarantee (NEG), a 280MW solar PV project and a 52MWh battery project are both set to go ahead in South Australia, it has been announced today.
Genex Power has announced that the Northern Australia Infrastructure Facility (NAIF) Board has supported a financing structure for Genex’ Kidston State 2 Project through the provision of an indicative term sheet for a long-term concession debt facility of up to US$382 million.
On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has announced US$23.8 million in funding for the next phase of the US$44.6 million Solar Energy Transformation Program (SETuP) project.