NAIF Archives - Renew Economy

Coal

Pitt approves huge loan for Queensland coal project, after rejecting wind farm
After blocking a loan to a Queensland wind project, resources minister Keith Pitt approves a $175m government loan to a coal mine.
Michael Mazengarb

Jul 1, 2021

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Pitt was not told that Kaban project he vetoed would include big battery
Officials did not tell Keith Pitt the Kaban Energy Hub included a battery, before he vetoed a $280m loan on the basis the project wasn’t dispatchable.
Michael Mazengarb

Jun 4, 2021

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Resources minister Keith Pitt refuses to say battery storage is dispatchable
Keith Pitt refuses to say whether he thinks battery storage is dispatchable, after blocking a government loan to a North Queensland wind and battery project.
Michael Mazengarb

May 10, 2021

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Morrison government seeks greater powers to direct taxpayer funds into gas pipelines
Reforms to the NAIF, designed to give the Morrison government a greater ability to channel its $5 billion funds into gas infrastructure, pass the lower house.
Michael Mazengarb

Mar 26, 2021

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Genex buys more time to finalise flagship pumped hydro project
Genex board confident of landing final investment approvals for pumped hydro project after securing more time from key project partners.
Michael Mazengarb

Dec 22, 2020

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Solar

NAIF backs 10MW solar and battery plant in Northern Territory
Northern Australia Infrastructure Facility backs 10MW solar and battery power station south of Darwin, and a neighbouring gas plant.
Sophie Vorrath

Sep 2, 2020

0
Renewables

Renewables a better bet than gas for Labor’s $1.5bn transformation plan
Labor is right – there is a huge opportunity to transform the NT economy through energy development. But it’s renewables that hold the most opportunity, not gas.
Eytan Lenko

Apr 26, 2019

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Other Good Stuff

NAIF: Any port in a storm
NAIF’s first loan – to the oil and gas industry – is an effective subsidy to accelerate climate change.
David Barnden

Feb 1, 2018

12
Renewables

Queensland poll could be a show-stopper for solar, and consumers
As Queensland prepares to vote in the state election on Saturday, we look at what’s at stake for the renewables industry – particularly if Labor loses.
Giles Parkinson & Sophie Vorrath

Nov 24, 2017

6
Coal

Queensland coal plant has a photo – now all it needs is a massive subsidy
A mock-up image of a new coal plant has been created, as part of the increasingly intense campaign to have one built – and funded by taxpayers – in north Queensland.
Sophie Vorrath

Nov 10, 2017

31
Markets

“Slush fund for fossil fuels”: First NAIF loan deal slammed by green groups
Green groups slam NAIF approval of $16.8m loan for oil and gas port facility in Onslow WA – say it show’s fund’s true colours (hint: not green).
Sophie Vorrath

Oct 10, 2017

4
Renewables

Queensland looks to hydro power plans for Burdekin in state’s north
Palaszczuk government investigating feasibility of 50MW, or bigger, hydro power station at Burdekin Falls Dam.
Sophie Vorrath

May 1, 2017

6