A $100 million financing facility established by the Clean Energy Finance Corporation and the Commonwealth Bank has helped two major Victorian produce suppliers install 100KW of solar PV each, cutting […]
Tag: CEFC
15,000 new small-scale solar systems installed monthly in 2014, but large-scale lags
More than 155,000 small-scale solar systems have been added across Australia in 2014, an average of more than 15,000 a month, according to new data. The data, the latest from […]
Construction at Moree Solar farm gets underway
Construction of one of Australia’s largest solar PV plants, the 70MW Moree Solar Farm in northern NSW, is officially underway, after a ceremonial turning of sod at the site on Thursday. […]
Xenophon, while withholding comment on RET, says small-scale solar should be expanded
As the Abbott government attempts to wrangle its proposed changes to the Renewable Energy Target, the future for the solar industry brightened a little, after independent senator Nick Xenophon signalled […]
Australian investment in large-scale renewables took a nose-dive in 2014 due to RET uncertainty
A report from Bloomberg New Energy Finance shows that Australia is on track to record its lowest level of asset financing for large-scale renewables since 2002, with just $193 million […]
China to introduce solar leasing-style financing to open up distributed solar opportunities
China is looking to adopt a similar solar leasing model to that which has dominated the rooftop PV market in the US, in an effort to encourage more homes and […]
With Moree Solar Farm’s future secured, ‘great opportunities’ await NSW large-scale solar
Moree Solar Farm, the ground-breaking 56MW PV tracking plant slated for development in the NSW farming district, is set to begin construction within months after finally securing financial closure this week. […]
Moree Solar Farm reaches financial close, construction to begin ‘immediately’
One of the largest solar farms in Australia’s pipeline has reached financial close and will begin construction immediately, according to a press release from its developer, FRV. Moree Solar Farm […]
CEFC earmarks $120 million for solar leasing in Australia
The Clean Energy Finance Corporation (CEFC), after surviving another government attempt to legislate its dismantling, has announced $120 million worth of financing for solar leasing deals and Power Purchase Agreements (PPAs) in […]
Utility-scale solar in Australia: Long-term certainty counters short-term doubt
Large-scale solar power in Australia was one of the main topics of conversation on Thursday at the Clean Energy Week conference in Sydney, with the day’s speakers expressing the range of […]
Australian Solar Council and Solar Citizens slam government on plans to scrap ARENA
Australia’s Solar Council has launched a campaign to save the Australian Renewable Energy Agency, warning the federal government that dumping it would damage the solar industry and put Australia well […]
First Solar says utility-scale solar price will halve by 2019–if RET remains intact
The cost of utility-scale solar in Australia will halve over the next five years, making it cheaper than wind energy by 2020, according to predictions from one of the world’s […]
Palmer’s backing of the RET ensures scheme’s survival, but cuts still likely
After several oscillations, Clive Palmer has suddenly (and apparently wholeheartedly) thrown his party’s backing behind Australia’s embattled Renewable Energy Target, currently the nation’s most important remaining support scheme for renewables. […]
Construction begins on Australia’s first concentrating solar plant with storage
Construction of Australia’s first stand-alone concentrated solar thermal power station with integrated storage is underway in NSW, with a project that promises to deliver electricity on demand, for around the […]
Uncertainty over future of renewable energy support mechanisms driving investors away from Australia
Australia is in danger of losing investors in clean energy options such as solar and wind energy, and in carbon abatement, because of the uncertainty around environmental legislation. Several key […]
The post-election trajectory of solar power in Australia
Australia will vote for a new federal government on 7 September 2013–less than a week away–and although by no means a certainty, polls show the Lib-Nats tipped to win, ushering in […]
AACo to receive financing through CEFC to solarise cattle facilities
Australian Agricultural Company Ltd (AACo), Australia’s biggest beef cattle producer, will install solar photovoltaic (PV) systems across 15 of its sites in Queensland, with financing help from the Clean Energy […]
