Global Trade Alert
Global Trade Alert

Australia: Canadian Solar receives AUD 35 million from the Government

Announcement

01 May 2017

The Australian government-funded Clean Energy Finance Corporation and the Australian Renewable Energy Agency allocated a total of AUD 35 million to clean energy company Canadian Solar to finance two solar farm projects in Queensland.

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Number of interventions

2

1 certainly harmful

1 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

01 May 2017

Revocation date:

No revocation date

State loan In force

On 1 May 2017, the Clean Energy Finance Corporation (CEFC) of Australia announced the allocation of AUD 31.5 million (circa USD 24 million) to Canadian Solar to help develop two solar farm projects in...

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Implementation date

01 May 2017

Revocation date:

No revocation date

Local value added incentive In force

The Clean Energy Finance Corporation financing is subject to the Australian Industry Participation (AIP) policy. This framework states that all programs enclosed in this policy must encourage the part...

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