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The Guardian

Coalition pumps $1bn into clean energy projects to stabilise grid

Coalition pumps $1bn into clean energy projects to stabilise grid



New money for the Clean Energy Finance Corporation will go to projects such as pumped hydro, batteries and gasAn extra $1bn is being handed to the Clean Energy Finance Corporation to invest in projects aimed at ensuring a reliable electricity supply.The new fund – separate to the corporation’s existing capital – will be earmarked for power generation, storage and transmission projects such as pumped hydro, batteries and gas. Continue reading…



Source link : https://www.theguardian.com/australia-news/2019/oct/30/coalition-pumps-1bn-into-clean-energy-projects-to-stabilise-grid

Author : Australian Associated Press

Publish date : 2019-10-29 21:10:49

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Tags : The Guardian

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