As ARENA hangs in the balance, a $20m Seed Fund has been launched via Clean Energy Innovation Fund to back early-stage clean energy technology, R&D.
Cutting funding to ARENA, which is both fulfilling Australia’s climate obligations and driving innovation and energy affordability, would be a tragic error.
Labor’s support of Coalition raid on ARENA is direct attack on transition to renewable energy, on innovation, on jobs and on addressing global climate emergency.
Clean Energy Finance Corp marks 3rd year of operation with record investment level, plus 73% year-on-year increase in value of new investment commitments.
A $120m project to convert Geelong heritage building into a leading green office space wins big funding from CEFC.
The current mechanism for the renewable energy target is costly and inefficient. Here’s an explanation why, and what would work better and mean more wind and solar and lower costs for consumers.
ARENA says latest round of bids shows costs of large scale solar have fallen rapidly, and need much smaller grants.
Coalition raids Clean Energy Finance Corp coffers to announce another new fund, this time to fund projects it would likely do in any case, and others that appear outside its remit.
The Clean Energy Finance Corporation, Australia’s “green bank” warns government that the investment benchmarks for its main fund and Malcolm Turnbull’s pet “innovation” fund are still too high, and don’t reflect the state of global debt markets.