Australian Renewable Energy Agency
Canberra, Australian Capital Territory, Australia
Team size: 51 - 200
Sector: Energy
About Australian Renewable Energy Agency
Founded date: 2012
Connect: arena.gov.au
Company revenue: US$ 10 - 50 million
Company stage: Other
On 10 July 2011 the Australian Government announced the establishment of the Australian Renewable Energy Agency (ARENA), as a part of its Clean Energy Future package. ARENA is an independent statutory authority established under the Commonwealth Authorities and Companies Act 1997, tasked with the objectives of improving the competitiveness of renewable energy technologies and increasing the supply of renewable energy in Australia. ARENA has approximately $3 billion to invest in renewable energy projects. From its commencement on 1 July 2012, ARENA has become responsible for the administration of committed projects and measures from initiatives formerly administered by the Australian Centre for Renewable Energy and the Department of Resources, Energy and Tourism (RET). ARENA became responsible for the activities of the Australian Solar Institute (ASI) on 1 January 2013.