NSW government announces $275 million in net zero manufacturing grants

The NSW government has announced $275 million in Net Zero Manufacturing Initiative grants, which it says will help small businesses and others “take advantage of the transformation of our energy grid”.

According to a statement from the government on Monday, the grants will be across three programs:

• Renewable manufacturing: increasing capacity to make the components for renewable energy projects (up to $150 million available);
• Clean technology innovation: helping businesses get scalable low-emission technologies, market-ready (up to $25 million available); and
• Low-carbon product manufacturing: establishing industrial facilities and manufacturing capabilities that can take advantage of investment in new and emerging low-carbon industries (up to $100 million available.)

FAQs on the three programs and five funding streams are answered here.

According to the statement, the focus of grants is on “already lab-proven technologies and the manufacturing of market-ready products that are ready to be scaled-up and rolled out” across NSW.

“The government can play a key role as a convenor and catalyst for the renewable industry,” said state domestic manufacturing minister Courtney Houssos.

“For every one job in manufacturing, three-and-a-half other jobs are sustained in the supply chain. We want those secure, well-paid manufacturing jobs to be in New South Wales.”

More information on eligibility and how to submit applications is available here.

Main picture: credit Friends of the Earth