ANNOUNCED AS TEMPORARYNo
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 participation of Australian companies in major public and private projects carried in the country. In this sense, companies applying for a CEFC credit line must provide an AIP Plan to demonstrate the strategy to maximize opportunities for Australian industry to participate in the project. Therefore, the AUD 207 million (USD 158 million) credit line allocated to WIRSOL Energy Pty Ltd, is subject to local content requirements.
In this context, the WIRSOL Energy Pty Ltd submitted one AIP plan for each of the solar farms stating that the supply of electrical equipment, the tracking system, and the solar PV modules would be exclusively offered to local companies.
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