Western Australia has become the second state to sign a Renewable Energy Transformation Agreement with the Federal government, aiming to support renewable energy generation technologies, such as solar.
A total of AU$150 million will be made available for applications focusing on regional decarbonisation of industrial process heat and off-road transportation.
The Australian Renewable Energy Agency (ARENA) has committed AU$358 million (US$227.8 million) to new projects during the year from 1 July 2022 to 30 June 2023, while it has also assigned AU$41.5 million for ultra low cost solar, a new focus since last year.
Australia’s rooftop and grid-scale solar contributed to the majority of the total electricity supply in the national electricity market on 17 September, according to the Australian Energy Market Operator (AEMO).
The Australian Renewable Energy Agency (ARENA) has announced a new round of funding to develop and deploy microgrid technologies across regional and remote communities, including a majority of it allocated for microgrid projects in First Nations communities.
The Australian government’s green bank Clean Energy Finance Corporation (CEFC) has increased its renewable energy investment to a record of AU$1.2 billion (US$770 million) in the 2022-23 year.