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ARENA gives five Australian companies $25 million to build more than 400 DC electric car chargers capable of 100kW outputs.
The Australian government will partially fund the rollout of more than 400 privately operated electric car fast-charging stations at a cost of around $25 million.
The cash comes from the Future Fuels Fund, with the purse strings held by the Australian Renewable Energy Agency (ARENA).
Five successful applicants for grants from the first round of ARENA funding are Evie Networks, Ampol, Engie, Chargefox, and Electric Highways Tasmania.
The initial allocation for round one of funding was $16.5 million, but ARENA says it elected to bump this to $24.55m “based on the high merit of applicants”.
Together the five applicants are expected to deliver 403 new DC stations, each capable of charging at least two vehicles concurrently. The delivery time frame remains unclear.
Charging stations are to be built across eight geographic regions covering 14 of Australia’s most populous cities. These include all capitals and regional centres including Geelong, Newcastle, Wollongong and the Sunshine Coast.
Each location will receive a minimum of eight new fast-charging stations “to drive the uptake of EVs in regional locations”, ARENA states.
For background, the Future Fuels Fund is a $71.9 million cash pile announced in the 2020-21 federal budget, with a stated aim “to remove barriers to the uptake of new vehicle technologies”.
ARENA says subsequent rounds will focus on increasing EV charging capacity in regional areas.
“As the costs of electric vehicles come down, more consumers and fleet users are looking to go electric. Expanding the fast charging network will make it easier than ever to drive an EV in Australia,” said ARENA chief executive Darren Miller.
“The proposals we received were of such high quality, we were compelled to increase the funding. We’re delighted to be able to support more than 400 charging stations across the country.”
The five winning proposals in brief are:
Evie Networks:
Ampol:
Engie:
Chargefox:
Electric Highways Tasmania:
You can catch up on the issues at the links below.
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