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Local Councils "missing out" on clean energy solutions: CEFC

RACHEL ALEMBAKIS  |  FRIDAY, 17 JUN 2016  |  NEWS
Australian councils are "missing out" on lower cost, clean energy solutions and should consider how to improve their infrastructure for better energy performance, according to the Clean Energy Finance Corporation. The CEFC has published a new market ...

Sustainable Melbourne Fund receives ARENA grant

RACHEL ALEMBAKIS  |  WEDNESDAY, 15 JUN 2016  |  NEWS
The Australian Renewable Energy Agency (ARENA) has provided AU$425,000 in grant funding to Sustainable Melbourne Fund to assist councils in Victoria to set up environmental upgrade agreements (EUAs). Scott Bocskay, CEO of the Sustainable Melbourne Fund ...

MEP Werke GmbH, Strasser Capital join Climate Bonds Initiative

RACHEL ALEMBAKIS  |  FRIDAY, 10 JUN 2016  |  NEWS
German solar power systems provider MEP Werke GmbH and its sponsor and private equity investor Strasser Capital GmbH, are joining the partner program of Climate Bonds Initiative (CBI). MEP Werke said that joining the partner program is the first step ...

Sandfire Resources completes DeGrussa Solar Power Project

RACHEL ALEMBAKIS  |  WEDNESDAY, 8 JUN 2016  |  NEWS
A solar and battery storage project at a Sandfire Resources mine in remote Western Australia has become fully operational, becoming the largest off-grid solar PV system in Australia. Sandfire Resources' DeGrussa Solar Plant is now operational (photo ...

IGCC outlines climate change policy priorities

RACHEL ALEMBAKIS  |  FRIDAY, 3 JUN 2016  |  NEWS
The Investor Group on Climate Change (IGCC) has identified seven climate change policy priorities for the next term of federal government that should be a foundation for managing risk and encouraging investment in low carbon finance opportunities. Emma ...

Verdia to assist companies on energy efficiency project design

RACHEL ALEMBAKIS  |  FRIDAY, 3 JUN 2016  |  NEWS
Energy services company Verdia has partnered with Westpac to assist companies seeking financing for investments in solar, energy efficient technologies and low emissions vehicles. Paul Peters, CEO, Verdia Westpac has received AU$200 million from the ...

Westpac Group issues $500m climate bond

RACHEL ALEMBAKIS  |  FRIDAY, 27 MAY 2016  |  NEWS
Westpac Group has issued an AU$500 million climate bond to fund renewable energy and low carbon commercial property in Australia. Siobhan Toohill, Westpac The funds from the bond from the Westpac Climate Bond will be allocated to seven wind energy facilities ...

Financial Impact Action Plan program to target exclusion

RACHEL ALEMBAKIS  |  FRIDAY, 27 MAY 2016  |  NEWS
A coalition of organisations including Good Shepherd Microfinance, EY, Centre for Social Impact (CSI), and the Australian government has launched the Financial Inclusion Action Plan (FIAP) program. FIAPs are intended to commit organisations to coordinated ...

Australia to implement EITI standard

RACHEL ALEMBAKIS  |  WEDNESDAY, 25 MAY 2016  |  NEWS
Australia will join the Extractive Industries Transparency Initiative (EITI), nearly four years after first studying the initiative for applicability. Extractive Industries Transparency Initiative is an international set of standards for transparency ...

CEFC commits to Westpac Efficient Financing Program

RACHEL ALEMBAKIS  |  WEDNESDAY, 18 MAY 2016  |  NEWS
The Clean Energy Finance Corporation (CEFC) has committed AU$200 million to the Westpac Efficient Financing Program, which will finance business investment in solar, energy efficient technologies, and low emissions vehicles. Oliver Yates, Clean Energy ...