Australia to redirect $337.8m in aid to Pacific neighbors for renewables
In anticipation of the Pacific Islands Forum (PIF) in Tuvalu this week, Australian Prime Minister Scott Morrison is set to announce A$500 million ($337.75 million) in foreign aid to partnering Pacific nations in the form of a climate change and oceans funding package for renewable energy investment and climate resilience.
Wirsol, Renew Estate team up on 1 GW
Wirsol Energy and Australian developer Renew Estate have agreed to collaborate on a renewables pipeline of more than 1 GW, starting in Australia. The new venture already has 400 MW of utility-scale solar capacity under development and plans to start construction on its first projects by the first quarter of 2018.
