The Australian Renewable Energy Agency (ARENA) has released its Annual Report for 2023-24, highlighting a successful year of funding and impactful projects that are accelerating Australia's transition to net zero emissions. In this financial year, ARENA increased its committed funding to $392.5 million, supporting a total of 72 projects, a significant growth from the previous year. Notably, ARENA's funding also included initiatives in hydrogen and iron & steel research projects, emphasizing the agency's focus on innovative technologies. CEO Darren Miller emphasized the importance of collaboration and partnerships with various stakeholders to maximize the benefits of renewable energy for the Australian economy and consumers. New funding rounds like Hydrogen Headstart, Solar Sunshot, and Battery Breakthrough Initiative further demonstrate ARENA's commitment to supporting cutting-edge technologies in the energy sector. Additionally, ARENA's role as the delivery agency for upcoming funding rounds like Hydrogen Headstart Round 2 and the Future Made in Australia Innovation Fund solidifies its position in driving Australia's energy transition and meeting climate goals. Since its establishment in 2012, ARENA has contributed significantly to Australia's renewable energy industry, supporting 735 projects with $2.61 billion in grant funding, which has leveraged almost $12.63 billion in total investments.