Coalition pumps $1bn into clean energy projects to stabilise grid
by Australian Associated Press from on (#4TCK5)
New money for the Clean Energy Finance Corporation will go to projects such as pumped hydro, batteries and gas
An extra $1bn is being handed to the Clean Energy Finance Corporation to invest in projects aimed at ensuring a reliable electricity supply.
The new fund - separate to the corporation's existing capital - will be earmarked for power generation, storage and transmission projects such as pumped hydro, batteries and gas.
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