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MARKETS

New funding model afoot

CANADIAN Solar’s Oakey solar farm in south-east Queensland is at the forefront of a “new model” of renewable energy development having received $55 million in debt finance from Australia’s green bank.

Anthony Barich
Oakey combined solar farm.

Oakey combined solar farm.

The Clean Energy Finance Corporation has agreed to fork out a further $55 million in debt finance to Oakey 2, the second stage of the solar farm after the body gave $19.5 million for the 25 megawatt Oakey...

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