Australia’s Largest Bank Offers Interest Free Loans for Renewable Energy Products

Applicants can receive a $30,000 loan with no fees for solar panels, and EV purchases.

A Commonwealth Bank sign is seen on a building in Melbourne, Australia, on Oct. 30, 2023. Susan Mortimer/The Epoch Times

Australia’s largest bank will offer interest-free loans to encourage people to buy renewable energy products like solar panels or batteries.

The Commonwealth Bank of Australia (CBA) will provide loans of between $1,000 and $30,000 for customers who buy clean energy products from select companies, according to an announcement.