Arena Clean Energy Innovation Fund

Arena chair justin punch said that he was pleased that arena is seen as a key delivery agent for the australian government.

Arena clean energy innovation fund.

Revc fosters skills and management capability. The 12 million industry funded renewable energy innovation fund reif is driving the long term development and sustainability of the renewable energy industry in the act. In 2016 the australian government enacted a regulation to enable arena to assist the clean energy finance corporation cefc in the governance management and administration of the clean energy innovation fund. This new funding and expanded focus will allow arena to continue its work together with energy industry participants the clean energy finance corporation research institutions and other agencies to support low emission technologies across the innovation chain.

Arena is an independent agency established around the same time to manage the government s renewable energy programs with a primary aim of increasing the supply of renewable energy in australia. Wind and solar photovoltaics pv are increasingly competitive ageing fossil fuel. For the period 2020 2030 the fund may amount to about eur 10 billion depending on the carbon price. Read more about arena.

Arena is providing up to 70 million in funding to support the acceleration of hydrogen in australia through the renewable hydrogen deployment funding round. South australia goes with the flow battery the world s largest vanadium flow battery is set to shake up the energy storage market. Read the arenawire blog. By investing in innovative ways to use store manage and share renewable energy arena can help provide affordable secure and reliable electricity for australians through the energy transition.

We are crowdfunding for the clean energy innovation program at the information technology and innovation foundation itif a top ranked us think tank. As the successor of the ner300 programme the innovation fund improves the risk sharing for projects by giving more funding in a more flexible way through a simpler selection process and is also open to projects from energy intensive industries. We have done hundreds of hours of research and believe that this is the most effective way to donate to combat climate change. It encourages investment in innovative australian renewable energy companies to strengthen their chance of success.

The clean energy innovation fund is the largest dedicated cleantech investor in australia created to invest 200 million in early stage clean technology companies. The innovation fund targets technologies and businesses that have passed beyond the research and development stage and which can benefit from early stage seed or growth capital to help them progress to the next stage of their development. Australia s electricity system is undergoing a rapid transition. Their policy research focuses on the effectiveness of higher and smarter clean energy r d spending and communicating this to policy makers.