Pacific Energy awarded $2.4 million grant to boost production

The Western Australian government has awarded remote energy generation company Pacific Energy $2.4 million in funding through the Investment Attraction Fund, which the company says will be used to strengthen its renewable energy division’s manufacturing operation and diversify the state’s economy.

Pacific Energy said in a statement on Tuesday that the grant recognises its “ability to improve value and productivity across supply chain development, advanced manufacturing, science, innovation and technology.”

According to Pacific Energy’s website, the company specialises in designing, building and operating power-generating assets across Australia, has been operating for over four decades, and has built 93 power stations, totalling over 1.1GW in delivered energy infrastructure.

Pacific Energy was awarded the grant at an event attended by premier Roger Cook at the company’s Perth Airport manufacturing site, which would see investment in improved automation, safety and production efficiencies. 

The grant funding will be matched by Pacific, with related activities to be completed over the next two years. 

“As we upscale our operations and advance our manufacturing processes, we will upscale the value and productivity we can deliver to the WA economy,” said Pacific Energy’s Chief Executive Officer, Jamie Cullen. 

“It’s an exciting time to be growing a business in the energy sector, and we are grateful for the government’s support to help us future-proof our capabilities and commitments to WA’s energy transition.” 

The Investment Attraction Fund was established to support the state’s economic development framework, Diversify WA.

Picture: credit Hybrid Systems Australia