CEFC

SunBrush Mobil GmbH plans to develop a mechanically simple robotic solution designed to maximize utility-scale solar module yield by removing soiling. Once complete, the company will market this technology for commercial rooftop systems in Australia.

Global energy storage specialist Fluence has more than 1 GW of battery projects operating or under construction in Australia. It is now broadening its strategy beyond hardware to include optimizing asset performance and servicing.

Octopus Investments Australia, a subsidiary of UK-based Octopus Group, has purchased the largest battery installation in the Australian state of Queensland – the 500 MW/1 GWh Blackstone project – just outside of Brisbane.

Clean Energy Finance Corp. (CEFC), the Australian government’s green bank, has invested a record AUD 1.2 billion ($770 million) in large-scale renewables projects over the past financial year, but it says that “a lot more” needs to be done to reach 82% renewables by 2030.

Genex Power is set to begin building a 250 MW pumped hydro facility next to an existing 50 MW solar farm later this month, as it has secured the financing it needs to move forward.

Renewable energy developers and investors have told Australian industry body the Smart Energy Council ‘they’re done. The sovereign risk in Australia is too great,’ according to the organization’s government relations manager, Wayne Smith. With prospects, employment and energy prices in jeopardy, the trade organization has vowed to petition policymakers for a bankable plan.

The Australian Renewable Energy Agency and the governments of New South Wales and South Australia, grid operator Ausgrid and insurer NRMA, have awarded almost AU$500,000 to e-mobility start-up Evenergi to help businesses and consumers plan for the electric vehicle revolution.

With hundreds of billions of dollars in assets and funds under management, Macquarie Group is seeking to amplify its considerable influence, bringing investment and reporting to bear on accelerating climate mitigation and adaptation.

Australian banking and financial services giant ANZ has extended its collaboration with Sydney-based Clean Energy Finance Corp. via an additional $67.7 million financing commitment to help the nation’s businesses cut energy costs and reduce carbon emissions. The bank is also offering financial discounts for upgrades and new investments in solar PV, energy storage, electric vehicles and other technologies.

After it deployed a record $1.3 billion into the clean energy sector in a 12-month period, the Clean Energy Finance Corporation said it will sharpen its focus on energy storage and other technologies to support the stability of the national grid.