Businesses in the Pilbara are increasingly recognising the value to their bottom line offered by solar and other energy efficiency measures, according to green bank Clean Energy Finance Corporation chief executive Oliver Yates.
Carnegie Wave Energy’s shares have risen after the company won the backing of Clean Energy Finance Corporation with a $20 million five-year loan that has an equity component.
Prime Minister Tony Abbott’s promise to shut down the Clean Energy Finance Corporation has cast doubt on $400 million worth of loans to businesses in Western Australia.
