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New projects 2018-19

A photo of a man in a hardhat and hi-vis shirt with his arms in the air explaining to the crowd in front of him how the pumped hydro machinery behind him works.Image credit: TasNetworks

During 2018-19 ARENA committed $188.1 million in grant funding to 79 new projects across four investment priorities.

TABLE 4: INVESTMENT BY PRIORITY 2018-19

INVESTMENT*

NEW PROJECTS

DESCRIPTION

Priority 1: Delivering secure and reliable electricity

$86.9 million

39

Projects focused on delivering affordable low-emission electricity solutions that keep the lights on

Priority 2: Accelerating solar PV innovation

$2.0 million**

3

Projects focused on making solar PV more affordable through research and development

Priority 3: Improving energy productivity

$67.0 million

13

Projects focused on helping to reduce emissions in the transport, building and industry sectors

Priority 4: Exporting renewable energy

$18.7 million

13

Projects focused on helping to create new, scalable export value chains in renewable energy

Other

$13.0 million

11

Other

*Totals may vary due to rounding

**$38 million also committed to extend the Australian Centre for Advanced Photovoltaics to continue world-leading research in solar PV R&D

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Visit

https://www.transparency.gov.au/annual-reports/australian-renewable-energy-agency/reporting-year/2018-2019-3