Close this search box.

We are creating some awesome events for you. Kindly bear with us.

ARENA secures funding for renewable energy

The Australian Government on 17 September 2020 announced new long-term funding and an expanded focus for the Australian Renewable Energy Agency that will secure its future beyond 2022.

The Prime Minister and Minister for Energy and Emissions Reduction announced a total funding package of $1.62 billion for ARENA including guaranteed baseline funding of $1.43 billion over the next ten years.

This new funding and expanded focus will allow ARENA to continue its work together with energy industry participants, the Clean Energy Finance Corporation, research institutions and other agencies to support low emission technologies across the innovation chain.

The Chair of ARENA was pleased that ARENA is seen as a key delivery agent for the Australian Government. It is critically important that through agencies like ARENA, the most effective tools and technologies are brought to bear to support the clean energy transition and help Australia reduce its emissions, he said.

The CEO of ARENA welcomed the new funding and an ongoing role for the agency. The agency is delighted to see its important role acknowledged with new funding, and we welcome a new era for ARENA. There is still much work to be done but with an experienced team, industry knowledge and strong networks across a range of technologies and sectors, ARENA is well-positioned to support Australia’s energy transformation and emissions reduction goals, he added.

Over its lifetime, ARENA has helped to improve the competitiveness of renewable energy technologies such as large scale solar, grid-scale batteries, pumped hydro, bioenergy, distributed energy technologies and hydrogen. Since 2012, ARENA has supported 543 projects with $1.58 billion of funding that has leveraged nearly $5 billion in additional private and public sector investment.

As technologies have matured, ARENA’s focus has evolved from supporting pure renewable energy generation technologies to assisting with the integration of these technologies to support the operation of the system with ever-increasing shares of variable renewable energy. ARENA’s current investment priorities include a focus on integrating renewables into the grid, accelerating the uptake of hydrogen and supporting industry to reduce emissions.

Technology and innovation are critical to the energy transition and to Australia’s efforts to reduce emissions and create new economic opportunities. ARENA has played a key role in reducing the cost and increasing the supply of renewable energy for the past eight years. The agency aims to continue its important work with the next generation of energy technologies.

A report by Australia’s leading climate change communications non-profit organisation noted that COVID-19 has fundamentally reshaped the world we know, taking a horrendous toll on human health and the economy. While the response has not been perfect, Australia has so far managed this crisis far better than many comparable countries.

Federal, state and territory governments have been relying on expert, evidence-based advice to lead their response to the crisis. This crisis is far from over. But another, more long-term crisis remains an urgent threat to humanity: climate change.

The report found that a resilient recovery from the coronavirus must prepare Australia for the next major threat – climate change. The potential for job creation in the renewables sector is substantial and can set the country up for the 21st Century.

A goal of net-zero emissions must include:

  1. Replacing all fossil fuels with other energy sources or processes.
  2. Meeting the nation’s energy needs with renewable electricity.
  • Stepping up as a global exporter of zero-emissions energy, technology and expertise to help the rest of the world reduce their emissions with Australian power, products and services.
  1. Taking action on the land and coasts to build future resilience to climate threats.


Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.


CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.


Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit


SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.


HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 


IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.