The federal government has announced an extra $2 billion to the Clean Energy Finance Corporation (CEFC), spruiking the potential to attract triple that amount in private investment and assist households and small businesses with energy savings. The CEFC said the additional $2 billion – provisioned for in the government’s mid-year economic and fiscal outlook –…
The clean Energy Finance Corporation’s work of co-investing alongside private sector funds has never been more important than in 2024. Here in his investment update for 2023-24 CEFC CEO Ian Learmonth writes of a year of investment opportunities and constraints, of emissions progress and the increasingly personal impacts of climate change. As a specialist investor…
The CEFC has provided an update related to its 2022/23 year, with $1.9 billion in new investment commitments made, including a record $1.2 billion in renewable energy and grid-related projects. According to CEO Ian Learmonth, the $1.2 billion helped bring forward large-scale solar, wind and storage projects with a total transaction value of $5.7 billion,…
The Clean Energy Finance Corporation (CEFC) has backed HydGene Renewables which has developed an alternative green hydrogen solution that turns biomass into hydrogen in a process that is both renewable and carbon negative. The HydGene technique uses novel biocatalysts to convert the sugars derived from organic waste, including agricultural waste, into valuable products like hydrogen.…
