Financing complete for Project Marinus through $1.2bn investment
The Clean Energy Finance Corporation has committed $1.2 billion to complete financing for Project Marinus, a planned undersea electricity interconnector linking Tasmania to mainland Australia.
$1.2 billion investment from CEFC to complete financing for Project Marinus
What is the $1.2bn Project Marinus investment about?
Expanded grid infrastructure may increase electrical contracting work in Tasmania and affect energy costs for trade businesses.
Related
Tasmania achieves halfway mark on 10,000 home target
Tasmania has reached 5,000 homes and land lots completed or released toward its 10,000 social and affordable housing target. The milestone reflects ongoing state government investment in housing delivery.
Why it matters: Builders, carpenters, plumbers and electricians in Tasmania may see continued pipeline of residential construction work as the state pushes toward its housing goal.
Fox ESS and OSW sign 5GWh battery storage supply agreement
Fox ESS and OSW have signed a two-year battery energy storage supply agreement targeting 5GWh for the Australian market. The deal aims to expand commercial and residential battery storage availability.
Why it matters: Electricians installing battery storage systems may see increased product availability and potentially more competitive pricing on Fox ESS units through OSW.
REB26: Opportunities in a carbon-constrained built environment
Australia's first Reshaping Existing Buildings Conference examined retrofit opportunities in the built environment as the country works toward net zero. The event focused on practical solutions and real-world success stories rather than the scale of the challenge.
Why it matters: Builders, electricians, and HVAC trades could see growing demand for retrofit and energy upgrade work as net zero targets drive building upgrades across Australia.