Global Trade Alert
Global Trade Alert

Australia: ARENA supports two firms under the HyGATE project with close to AUD 40 million

Announcement

27 Jan 2023

On 27 January 2023, the Australian Renewable Energy Agency announced grants to two firms worth over AUD 40 million (approx. USD 28.4 million).

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Number of interventions

3

2 certainly harmful

1 likely harmful

0 liberalising

List of interventions

3 in force

Implementation date

27 Jan 2023

Revocation date:

No revocation date

Financial grant In force

On 27 January 2023, the Australian Renewable Energy Agency announced the awarding of AUD 20.74 million (approx. USD 14.7 million) to Edify Energy towards the Edify Green Hydrogen Project. The project ...

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Financial grant In force

On 27 January 2023, the Australian Renewable Energy Agency announced the awarding of AUD 19.48 million (approx. USD 13.8 million) to Vast Solar towards the Edify Green Hydrogen Project. The project is...

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Implementation date

27 Jan 2023

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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