Australia's energy storage transition is on track to meet an important new milestone, with the CEFC announcing finance that includes the first unsubsidised large-scale grid-connected battery, alongside a greenfield wind development.
Accelerating clean energy investment - CEFC Annual Report 2016-17
The Kennedy Energy Park, Australia's first fully integrated wind, solar and battery project, has secured $94 million in finance from the CEFC.
The Clean Energy Innovation Fund and Right Click Capital are investing US$7 million (approx. A$8.99 million) into Australian renewable energy start-up Redback Technologies to support the development of its Smart Hybrid System.
CEO Ian Learmonth discusses 2016-2017 transactionsMore Videos