It’s go for $100m Port of Newcastle Clean Energy Precinct

The federal government is backing a Port of Newcastle Clean Energy Precinct which has signed agreements for key design work and environmental impact studies with $100 million in funding . The precinct will renew a disused 220-hectare industrial site to facilitate clean energy production, storage, transmission, domestic distribution and international export. The Precinct will integrate…

CEFC invests in greening SA ports

The Clean Energy Finance Corporation (CEFC) has made its first investment into greening Australia’s ports through electrification. A $70 million CEFC investment in Flinders Port Holdings (FPH) is the first-ever green financing of container stevedoring operations in Australia and will reduce emissions and help cut costs. The shipping industry is traditionally a hard to abate…

$660m for Germany and Australia hydrogen supply chains

Australia and Germany have signed a deal to deepen cooperation on an Australia/Germany green hydrogen supply chain through a $660 million H2Global funding window to guarantee European buyers for Australia’s hydrogen. The two countries agreed to elevate their existing Energy Partnership to an Energy and Climate Partnership, advancing joint work in climate action and cooperation,…