The CEFC will provide a $16.5 million loan for a plastic recycling plant jointly backed by Cleanaway, packaging company Pact and beverage business Asahi, marking the first loan issued under the green bank's $100 million recycling fund.
With the help of an ARENA grant, Rio Tinto will examine the feasibility of using renewable hydrogen instead of fossil gas at its Yarwun alumina refinery.
The Queensland government today quadrupled its pre-election commitment to spend $500 million on renewables and hydrogen, with the money to be spent by state-owned energy companies.
After last year becoming the first buyer of Reef Credits, HSBC bank has teamed with the Nature Conservancy Australia to plan the world's first issuance of a nature-focused "blue bond".