Global Trade Alert
Global Trade Alert

Australia: CEFC supports Capital Battery with AUD 35.5 million

Announcement

05 Oct 2022

On 5 October 2022, the Clean Energy Finance Corporation announced funding to Capital Battery worth AUD 35.5 million. (approx. USD 22.9 million)

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Number of interventions

2

1 certainly harmful

1 likely harmful

0 liberalising

List of interventions

Implementation date

05 Oct 2022

Revocation date:

No revocation date

Updated: 05 Oct 2022
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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Implementation date

05 Oct 2022

Revocation date:

No revocation date

Updated: 05 Oct 2022
State loan In force
On 5 October 2022, the CEFC announced the granting of AUD 35.5 million (approx. USD 22.9 million) to Capital Battery. The support is towards a 100 MW capital battery which will among others store up ...
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