Community renewable energy will get a boost from Frontier Energy’s financing toolkit
Financing toolkit in works for community renewables project http://www.businessspectator.com.au/news/2015/7/10/renewable-energy/financing-toolkit-works-community-renewables-project JOHN CONROY 10 JUL 15 Frontier Energy is creating a toolkit that is set to make community energy projects easier to develop, supported by $296,000 funding from the Australian Renewable Energy Agency (ARENA).
The $493,000 project aims to break down some of the barriers facing new community energy projects by increasing project developers’ understanding of how to secure finance.
“While the community renewable energy sector in Australia is growing, there remains a large gap in information on financing,” ARENA CEO Ivor Frischknecht said.
“The new financial toolkit will provide easily accessible information on financier requirements, financial models, checklists and case studies through a central website, along with a list of key contacts.
“Spending less money on external advice, particularly in the early stages of development, will make projects cheaper overall. Continue reading
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