The State Government of South Australia is calling for expressions of interest (EOI) from businesses interested in accessing a share of a AUD150 million (US$119 million) Renewable Technology Fund (RTF).
The opening of the fund was announced in March as part of the government's AUD550-million energy plan. The Renewable Technology Fund consists of AUD75 million to be awarded in grant funding and AUD75 million in loans or investment assistance of other kinds.
An unspecified portion of the AUS$150 million total has already been earmarked to go towards a 100 MW battery storage facility won in July by Tesla. The energy storage project will work together with Neoen's 315-MW Hornsdale wind farm.
The deadline for applications is September 28.
We have lately informed about other renewable projects in South Australia:
The Queensland Government’s auction for 400MW of large-scale renewable energy generation and storage has attracted interest from more than 200 business, including project developers, investors and local small businesses.
Read moreThe Australian Government has confirmed an agreement between the Australian Renewable Energy Agency (ARENA) and Snowy Hydro had been reached to drive planning for the construction of the project and insight for future pumped hydro projects into the future.
Read moreThe southern Australian state of Victoria has unveiled the first of its large scale renewable energy auctions in the first major move towards the country's most ambitious renewable energy target of 40% by 2025.
Read moreAMP Capital has reached final close on the AMP Capital Infrastructure Debt Fund III (IDF III), raising US$2.5 billion for the mezzanine debt strategy, an additional US$800 million in co-investment rights and securing a further US$800 million from investors who want access to its deal capabilities.
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