Tuesday, November 5, 2024

Clean Energy Finance Corporation News

Australia says clean energy fund could underwrite new coal plants

Australia is considering altering legislation to enable funds slated for clean energy developments to be used to bankroll construction of new low emission, coal-fired power plants. The suggestion by Energy Minister Josh Frydenberg comes after a major power outage during a heat wave in South Australia state worsened a row with the…

Three Mega NSW’s solar Project Take shape

Three big solar projects in NSW supported by the Australian Renewable Energy Agency (ARENA) are set to begin construction within weeks after getting the financial green light. The plants in Parkes, Griffith and Dubbo will consist of more than 400,000 panels and when completed will provide enough renewable energy to power 41,500 homes per year.

Project Proposals Show Shrinking Cost of Big Solar - ARENA

The latest step in an ARENA program to support the construction of large-scale solar photovoltaic (PV) plants in Australia has shown how quickly the cost of building new plants is falling as momentum in the sector builds. The Australian Renewable Energy Agency’s (ARENA) large-scale solar PV competitive funding round closed last week, receiving 20 eligible applications.

Decision to Retain ARENA, CEFC Welcomed

The Australian Government this week announced its intention to retain ARENA, expand its renewables mandate to include energy efficiency and low emissions technology, and make changes to its funding as well as the types of projects in which the agency will invest. ARENA welcomes the Government’s clear commitment to retain ARENA and the Clean Energy Finance Corporation (CEFC)…

Moree Solar Farm Starts Feeding into the Grid

The Australian Renewable Energy Agency (ARENA) and Clean Energy Finance Corporation (CEFC) today welcomed the news that the Moree Solar Farm in Northern New South Wales had successfully achieved first generation. Moree Solar Farm, developed by Fotowatio Renewable Ventures (FRV), is now feeding 56 MW of renewable solar energy into the National Electricity Market, enough to power 15,000 average homes.

ARENA Boosts 22 Mega Solar Projects

The Australian Renewable Energy Agency (ARENA) today announced the short-list of projects invited to progress to the next stage of its $100 million large-scale solar photovoltaic (PV) competitive round. ARENA CEO, Ivor Frischknecht, said the expression of interest (EOI) phase had attracted strong interest, including several new entrants to the market, and the overall quality of proposals was high.

Big Solar for Queensland Town

The historic sheep and cattle grazing Queensland town of Barcaldine will be home to a new big solar farm, creating jobs in the region and boosting large scale solar in Australia. The Australian Renewable Energy Agency (ARENA) is providing $22.8 million support towards the construction of Barcaldine Regional Community Solar Farm, a 20 MW AC (25 MW DC) single axis tracking solar plant.

Giant Step for Large-scale Solar at Broken Hill

Just off the Barrier Highway, a new “big” Australian landmark is on the cusp of completion with the installation of the final solar panel at the Broken Hill Solar Plant. ARENA, AGL and First Solar today joined NSW Minister for Industry, Resources and Energy, the Hon Anthony Roberts MP and NSW Minister for Environment and Heritage…

Australia's Biggest Solar Project Nearing Completion

The first photovoltaic panels have been installed at Moree Solar Farm (MSF), Australia’s largest solar array currently under construction. The farm, on 280 hectares in northern New South Wales, will supply 140,000 megawatt-hours (MWh) per year – enough electricity to power 15,000 homes and abate 95,000 tons of carbon pollution each year.

Moree Solar Farm Puts Big Solar in Big Sky Country

The Australian Renewable Energy Agency (ARENA) today announced $101.7 million of support for Moree Solar Farm, which upon completion will be one of the largest solar plants in Australia. ARENA CEO Ivor Frischknecht congratulated renewable energy company Fotowatio Renewable Ventures (FRV) who are set to begin construction on the project shortly.