Greens urge Labor to oppose $1bn cut to Australian Renewable Energy Agency, removing its future capacity for grants

A giant surge of investment in renewable energy has been sparked by what might be the last grants made by the Australian Renewable Energy Agency, as the parliament is poised to cut most of its funding.

Large-scale solar will triple in size, with Arena today announcing the 12 winners of its $92m in grants, which together leverage more than $1bn investment from private companies.

Related: Uncertainty about Arena halts renewable energy projects

Related: Energy companies call on MPs to save Australia’s renewables agency funding

Related: Renewables agency stripped of members and run by bureaucrat

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