IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 04 Aug 2014 | Removal date: open ended
Still in force

Financial grant

On 4 August 2014, the Australian Renewable Energy Agency (ARENA) announced the allocation of AUD 101.7 million (circa USD 95 million) to Fotowatio Renewable Ventures to support the development of the Moree Solar Farm, in New South Wales.

The grant will finance around 62% of the project's total investment which is estimated at AUD 164 million (circa USD 153 million).

When finalized, the solar farm is expected to generate 56MWac (70MWp).

AFFECTED COUNTRIES

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