News Articles for Clean Energy Finance Corporation

The federal government's green bank has tipped $35 million into WA startup Plico Energy to expand the rollout of its discounted loan scheme for its rooftop solar and home battery systems.

Evie Networks' debt deal is a sign that Australia's fast charging stations are gaining investment momentum.

Mineral Resources has stepped up its calls for increased government support for processing of ‘critical minerals' in Australia saying it is needed to match subsidies on offer elsewhere.

As criticism of the government's energy market intervention settles, Madeleine King is focused on pushing Australian resources to the fore of the global energy transition.

WA lithium miner Pilbara Minerals has become the latest beneficiary of the federal government's $3.9 billion NAIF funding shower, scoring $250 million across two loans to grow its operations.

The once-in-a-generation shift in demand to minerals needed for a cleaner world makes Australia a winner, but miners are also being urged to decarbonise.

The first EV charger along the state's proposed electric highway is due to be installed in the coming months courtesy of a major Victoria-based outfit.

Energy regulators have put forward a "capacity mechanism" that would pay generators to guarantee supply to an evolving national grid, similar to the scheme already in effect in Western Australia.

Total Green Recycling is joining the ranks of new recycler Scipher Technologies, in a deal backed by the Clean Energy Finance Corporation and the Australian Business Growth Fund.

ANALYSIS: The $243 million critical minerals package announced today adds to a seemingly neverending flow of federal government grants and cheap loans for commercial projects.

National tyres wholesaler Total Tyres has lodged plans to build a $25 million complex featuring warehouses and offices in Hesperia's $500 million Roe Highway Logistics Park.

Prime Minister Scott Morrison reiterated the federal government's “technology not taxes” mantra to accompany a new round of proposed funding to develop low emissions technologies.

Government intervention in energy markets has grown in recent years, with winners chosen potentially at the expense of consumers.

Sandvik Mining and Rock Solutions has signed a long-term lease for a new warehouse at Hesperia's 56-hectare Roe Highway Logistics Park.

Salt Lake Potash has secured a further $28 million in funding as it deals with delays to the commissioning of its Lake Way project, while Australian Potash is raising $10 million.

Manufacturing jobs will be at the heart of Labor's attempt to defeat Scott Morrison with a $15 billion plan designed to drive investment in the sector.

Buru Energy has beefed up its board ahead of its big 2021 energy exploration push with its newly minted partner, Origin Energy, as it seeks to flex its muscles further in WA's hydrocarbon-rich Canning Basin. Respected, long-serving non-executive director Eve Howell will retire and three new non-executives will join the board as Buru gears up for 2021.

WA's fledgling potash industry is making solid steps towards first production.

The federal government's attempt to invest taxpayer money in new gas projects faces stiff opposition in parliament.

Scott Morrison has defended using public money to fly former finance minister Mathias Cormann around Europe.

Australia's green bank will have its remit expanded to include carbon capture and storage, green steel and hydrogen.

Aspiring producer Salt Lake Potash has secured new backing from the Clean Energy Finance Corporation, as part of a broader $301 million financing package.

Pilbara Minerals says it will make big cost savings after refinancing its existing debt facility, with continued backing from Clean Energy Finance Corporation and global bank BNP Paribas.

UPDATED: Seven companies including Woodside, BHP and ATCO Australia have been shortlisted to share in the next stage of ARENA's $70 million Renewable Hydrogen Development Funding.

Electric vehicles and pumped hydro are high on the federal government's list of short-term priorities to reduce emissions, a new report shows, as Energy Minister Angus Taylor quietly moves towards an interventionist emissions policy.

Moves by the federal government to broaden the remit of two climate change agencies have been cautiously welcomed by business leaders, with new rules to promote investment into carbon capture and storage following a review of the government's emissions reduction fund.

Potential for a hydrogen industry in WA has been ignited in 2020, with at least 12 feasibility studies under way, while the federal government has announced $300 million to support the industry.

Western Australia is leading the country in the adoption of waste-to-energy projects, with $1.2 billion being invested in two path-breaking facilities under construction.

Australians buying homes with at least a seven-star energy rating will be eligible for discounted loans under a new scheme through the federal government's green bank.

Construction of Western Australia's second large scale waste-to-energy project will begin this month near Rockingham after the development consortium reached financial close just before Christmas.

A local farmer, the Clean Energy Finance Corporation and the founder of an Australian technology unicorn have chipped in $16 million to a new venture capital fund focussed on agrifood tech.

A $1 billion fund to subsidise grid reliability and an expert panel to review Australia's emissions abatement program are signs the federal government might be rethinking its approach to climate policy.

The Clean Energy Finance Corporation will receive an extra $1 billion in federal funding for a 'green bank' to invest in pumped hydro power, batteries, and gas energy projects.

The Clean Energy Finance Corporation claims to have increased its investment in WA 10-fold since 2018.

The global lithium supply chain will be worth more than $1 trillion in 10 years' time, if an analysis written for the Association of Mining & Exploration Companies pans out, with Western Australia well placed to grab a share.

Samantha Tough has developed a new strategy for the Asthma Foundation WA in light of a 60 per cent cut to federal funding.

Samantha Tough has become the third director to step down this year from the board of 3D printing company Aurora Labs, which has experienced a wild ride since listing on the ASX last August, initially enjoying a spectacular share price rally before losing most of the gains.

The federal government's Clean Energy Finance Corporation has emerged as a surprise backer of Pilbara Minerals' Pilgangoora lithium mine, and has outlined a broad range of projects that may attract future support.

Australian Vanadium has joined fellow Perth company Carnegie Clean Energy in hoping to help solve South Australia's energy crisis, today committing to tender to build a battery storage facility in that state.

Sandfire Resources has encountered problems at its $40 million solar farm at the Degrussa copper mine, about six months after an ASX announcement suggested the power plant had been successfully commissioned.