Summary
Amends the:
Australian Renewable Energy Agency Act 2011
to: enable the Australian Renewable Energy Agency (ARENA) to fund the planning, development or implementation of community energy projects, and development of innovative business and financing models by the community energy sector; provide that ARENA’s role in collecting, analysing, interpreting and disseminating information and knowledge extends to community energy models and advising the minister on such matters; and introduce an explicit reference to ARENA’s capacity to jointly support projects with state and territory governments and other authorities; and
Clean Energy Finance Corporation Act 2012
to: insert a definition of ‘community energy project’; and require the Clean Energy Finance Corporation to consider investments in community joint partnerships or other community energy models.