The CEFC has committed $25 million to Energy Locals, alongside Palisade Impact, to accelerate the deployment of renewable energy technologies in multi-tenant buildings across Australia. This investment will support the installation of solar panels, battery systems, heat pumps, and EV chargers in apartments, aged care centres and commercial sites.
The Australian Government has released its third Annual Climate Change Statement, highlighting that emissions are now projected to be 42.6% below 2005 levels in 2030, with key policies like the reformed Safeguard Mechanism, New Vehicle Efficiency Standard and expanded Capacity Investment Scheme factored in. The statement is informed by advice from the Climate Change Authority in the 2024 Annual Progress Report, as well as the 2024 emissions projections.
Monique Miller, CEFC Chief Investment Officer – Renewables and Sustainable Finance, outlines the CEFC's investment priorities and recent results in this interview with ecogeneration.
Learn how the largest multi-asset, multi-site green energy contract in Australia is supplying two major infrastructure investors with lower cost renewable energy in our latest Green Files article.
Metro debunks five myths about green finance for SMEs. The CEFC is supporting its MetroEco product to provide discounted finance solutions for EVs, solar, batteries and more efficient farm and building machinery.
ARENA is providing a $10 million grant to Fortescue to develop develop, build, and demonstrate first of a kind fast chargers for heavy mine site vehicles. first-of-a-kind 6 MW fast chargers for heavy mine site electric vehicles. The project will develop 6 MW fast chargers, capable of charging 240 tonne battery electric trucks in under 30 minutes.
Fortescue has also signed a US$400 million deal with Chinese manufacturer XCMG to acquire over 100 pieces of zero-emissions heavy mobile equipment for its Pilbara iron ore operations.
APA Group and BHP have opened the first major solar and battery project in the Pilbara, marking a milestone in decarbonising one of Australia’s key mining hubs. The Port Hedland Solar and Battery Project, comprising a 45 MW solar facility and a 37 MWh battery, will power BHP’s iron ore port facilities.
Tasmania's first utility-scale solar project, the 288 MW Northern Midlands Solar Farm, is set to be developed after the signing of an offtake agreement with Hydro Tasmania.
The Australian Government has significantly expanded the Social Housing Energy Performance Initiative, promising substantial energy bill savings for over 100,000 social housing properties across the country. The $500 million expansion will now cover almost 25% of Australia’s social housing stock, providing critical energy efficiency upgrades to vulnerable households.
The AEMC released its analysis of residential electricity prices over the next decade, showing how Australian households could significantly reduce their total spending on energy – including electricity, gas, and petrol – through a well-managed transition to electrification.
The Australian Government has released a Market Brief on the upcoming Capacity Investment Scheme (CIS) Tender 4, which is targeting 6 GW of renewable generation projects in the NEM.
The city of Utrecht is partnering with Renault to launch Europe’s first large-scale car-sharing service using vehicle-to-grid (V2G). The initiative will deploy a fleet of 500 EVs equipped with bidirectional charging to help to stabilise the grid. |
