Australian Renewable Energy Agency Launch New Investment Plan

Jon Capistrano
Jon Capistrano
May 16, 2017

The Australian Renewable Energy Agency (ARENA) has launched a new investment plan that outlines its priorities for almost $800M in funding for the coming years.

According to ARENA chief, Ivor Frischknect, the new investment plan widens the Agency’s focus. He also said that the new plan called “Innovating Energy”, set the four new priorities:

  1. Delivering a reliable and secure electricity system
  2. Accelerating solar photovoltaic innovation
  3. Improving energy productivity
  4. Exporting green and renewable energy

Frischknect also said that they are looking to adapt electricity grids to increase and enhance productivity, make the grid more flexible and better incorporate renewable energy so it can be stored and shared whenever it’s needed.

Frischknect also said that ARENA would specifically focus on research and development of Solar PVs.

Together with the new priorities, ARENA had launched a new website which can be viewed and visited here.

Click here to read the full story on PS News

Leave a Reply

Your email address will not be published. Required fields are marked *

Share on facebook
Share on twitter
Share on linkedin

Trending Posts

The Future of Space-Based Solar Power Image

The Future of Space-Based Solar Power

Gigantic solar installations in space. It sounds fanciful – something out of Star Wars or Star Trek’s universe – but what if it’s actually possible?

Solar Trust Centre Solar Panel Featured Image

The Victorian Government’s Plan for Solar Aggregation

The Victorian government recently made a call for partners in a new solar pilot program. Although a trial program is always a small step, when viewed in context it’s one that provides an insight into where Victoria and other Australian states and territories will need to go in future: to continue to encourage solar panel uptake, while also properly managing the byproduct of it so an oversupply of energy isn’t fed into the grid.