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Clean Energy Finance Corporation to target batteries and other storage

Image by Blomst from Pixabay

Brief: The Clean Energy Finance Corporation invested a total of $1.3 billion into the clean energy sector in the 2018-19 financial year.

Next year will see the corporation hone in on storage and increasing stability in the grid by funding pumped storage and large-scale batteries, behind-the-meter generation and grid solutions.

A record $320 million was repaid to the CEFC in finance in 2019 to be reinvested in other projects.

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