A financing model common for wind and solar projects is for the first time being used to support a waste facility, and the Clean Energy Finance Corporation expects other large recycling projects will follow suit.
A company that has just won a $0.5 million grant for a $30 million waste-to-energy project is also in talks to convert large diesel mine trucks to run on compressed landfill gas.
Recycling and waste management company, ResourceCo, will use a new Clean Energy Finance Corporation loan, a NSW grant and carbon credits to expand its capacity to produce fuel from non-recyclable waste.