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ARENA funds expansion of Doomadgee Solar Farm

RACHEL ALEMBAKIS  |  FRIDAY, 15 AUG 2014  |  NEWS
The Australian Renewable Energy Agency (ARENA) is funding AU$4.6 million towards an $11.9 million project to expand Doomadgee Solar Farm in north-western Queensland. Ergon Energy is undertaking a 1MW expansion of the Doomadgee Solar Farm, which will ...

Australian National University Investment Office selects CAER

RACHEL ALEMBAKIS  |  WEDNESDAY, 13 AUG 2014  |  NEWS
CAER will provide the Australian National University (ANU)'s Investment Office with environmental, social and governance (ESG) ratings and company reports as part of a new agreement. Duncan Paterson, CAER CEO ANU's Investment Office manages the university's ...

ARENA fund Laing O'Rourke redeployable solar hybrid project

RACHEL ALEMBAKIS  |  WEDNESDAY, 13 AUG 2014  |  NEWS
The Australian Renewable Energy Agency (ARENA) will allocate $450,000 in funding to Laing O'Rourke to support a $1.4 million redeployable, large-scale solar-diesel hybrid power plant pilot project. Global construction company Laing O'Rourke would be ...

Australian Ethical names new portfolio manager

RACHEL ALEMBAKIS  |  WEDNESDAY, 13 AUG 2014  |  NEWS
Fund manager Australian Ethical has appointed Mason Willoughby-Thomas portfolio manager of the AU$277 million Australian Ethical Larger Companies Trust. Willoughby-Thomas has worked at the ethical fund manager for more than two years. He will replace ...

Learning from Europe's example in social investment

RACHEL ALEMBAKIS  |  FRIDAY, 8 AUG 2014  |  NEWS
... that in Portugal, the minister for regional development has announced the creation of a â,¬122 million (AU$175 million) fund for social innovation. EuropeLab is working with the Social Innovation Bank (Santa Casa do Lisboa) and other stakeholders in ...

ARENA announces $100 million support for Moree Solar Farm

RACHEL ALEMBAKIS  |  WEDNESDAY, 6 AUG 2014  |  NEWS
The Australian Renewable Energy Agency (ARENA) has committed AU$101.7 million of support to the Moree Solar Farm, a large scale solar plant that will shortly begin construction. Renewable energy company Fotowatio Renewable Ventures (FRV) is set to begin ...

UCA Funds Management adds Transfield Services to exclusions

RACHEL ALEMBAKIS  |  FRIDAY, 1 AUG 2014  |  NEWS
... seekers detained on Nauru and Manus Island brought to Australia, among other statements on the subject. Earlier this year, UCA Fund Management announced its fossil fuel policy, which stipulates that it will not directly invest in companies involved in ...

Forest protection CFI project issued 160,000 carbon credits

RACHEL ALEMBAKIS  |  FRIDAY, 1 AUG 2014  |  NEWS
... the CFI. The government plans to use the CFI as part of its yet-to-be legislated Direct Action Plan and Emissions Reduction Fund, which is the main funding vehicle for the DAP. Climate Friendly continues to have CFI projects as part of its operations ...

AGL installs first solar panels at Nyngan solar plant

RACHEL ALEMBAKIS  |  FRIDAY, 1 AUG 2014  |  NEWS
... operation of the project, is shared with the rest of the industry," Frischknecht said. "Sharing information from the projects we fund is a core element of ARENA's philosophy. It serves to build investor confidence and reduce risk, thereby bringing down ...

Ethinvest model portfolios continue to outperform

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 JUL 2014  |  NEWS
Proprietary model ASX50 and ASX100 portfolios developed by investment advisory firm Ethinvest outperformed mainstream indices by wide margins over the past one and two year periods, according to the firm. Trevor Thomas, Ethinvest managing director Ethinvest's ...