Tag: CEFC

Hysata’s historic $169m raise to boost electrolyser exports

Posted on   |  by Joseph Brookes
Wollongong-based green hydrogen venture Hysata has raised $169 million (US$111 million) in what is being billed as Australia’s largest ever Series B for a CleanTech. The electrolyser manufacturer’s new...

Govt steps in to fund WA lithium mine

Posted on   |  by Joseph Brookes
An lithium mining project in Western Australia has secured public financing in a new $550 million loan to get it through early production, expected to start later this year....

The NRF: An industry champion or a rent seeker’s delight?

Posted on   |  by Sandy Plunkett
The appointment of former Macquarie Bank executive Ivan Power as chief executive of the National Reconstruction Fund (NRF) was a low-key affair. Relative to the months-long anticipation of who...

Rewiring the Nation: $3b lined up for WA grid transformation

Posted on   |  by Brandon How
The federal government has committed $3 billion in funding to private sector electricity transmission projects in Western Australia to support the roll-out of renewable energy programs. The concessional loans...

Tech industry welcomes board, awaits investment mandate

Posted on   |  by Brandon How
Industry bodies have cautiously welcomed Industry and Science minister Ed Husic’s eight appointments to National Reconstruction Fund board, with some reserving judgement until details on the investment mandate are...

Australia’s biggest battery build raises $500m

Posted on   |  by Brandon How
Australia’s largest battery storage development in New South Wales has secured a $500 million investment following a capital raise led by the world’s biggest funds manager, BlackRock. The capital...

$22bn clean energy and tech tax bill passes Parliament

Posted on   |  by Joseph Brookes
A $1.5 billion tax incentive package for businesses to buy technology and train staff has cleared Parliament in the final sitting days of the financial year, but a delay...

NSW Labor’s $1bn promise for a state-owned CEFC

Posted on   |  by Brandon How
NSW Labor will create a $1 billion state-owned Energy Security Corporation modelled on the federal Clean Energy Finance Corporation if it is elected next month. Announced on Sunday, the...