The CEFC’s loan will allow construction of Epuron’s Uterne 2, a 3.1 megawatt (MW) expansion of the existing Uterne 1, which is a 1.0 MW solar photovoltaic (PV) power plant which provides power to the local grid.

The Clean Energy Finance Corporation (CEFC) has also made other recent funding announcements including up to $120 million finance for three new finance programs including leasing and Power Purchase Agreements (PPA) to help expand and deepen the solar PV market in Australia.

Uterne 2 will use solar-tracking technology that increases daily energy production by up to 30 per cent compared with c...