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Large-scale solar to triple after what could be Arena's final renewable energy grants

2016-09-08 06:11:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: A giant surge of investment in renewable energy has been sparked by what might be the last grants made by the Australian Renewable Energy Agency, as the parliament is poised to cut most of its funding. Large-scale solar will triple in size, with Arena today announcing the 12 winners of its $92m in grants, which together leverage more than $1bn investment from private companies. The purpose of the grants was to establish a self-sustaining industry of large solar farms, by building competitiveness,...

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