NSW Govt Unveils Net Zero Manufacturing Grants

The NSW Government has announced $275 million in grants under the Net Zero Manufacturing Initiative, to secure NSW as the place to develop and manufacture clean technology and create new jobs.

The initiative will support workers, small businesses, manufacturers, and innovators to take advantage of the transformation of the state’s energy grid.

Targeted investment areas are aligned to the opportunity areas identified through the NSW Decarbonisation Innovation 2023 Study, released by the Office of Chief Scientist and Engineer.

This includes future energy systems and storage, transportation, built environment, biomanufacturing, power fuels including hydrogen, and agricultural technologies.

The grants include future energy systems and storage, transportation, and power fuels including hydrogen

The Net Zero Manufacturing Initiative will offer the following grants:

• Renewable manufacturing – increasing capacity to make the components for renewable energy projects, which will alleviate supply chain constraints and increase local content capability. For example, projects could include constructing a brand-new facility for the manufacture of solar cells, or supply chain parts for renewable energy transmission.
• Clean technology innovation – helping businesses get scalable low-emissions technologies, market-ready. For example, prototypes of next-generation residential batteries, or new laboratory equipment that can test a material’s ability to store hydrogen atoms.
• Low-carbon product manufacturing – establishing industrial facilities and manufacturing capabilities that can take advantage of investment in new and emerging low-carbon industries. For example, building a new facility for the manufacture of low-carbon laminate timber, or implementing a new production line within an existing biomass facility for manufacturing bio-diesel.

Grants also cover implementing a new production line within a biomass facility for manufacturing bio-diesel

The initiative will focus on already lab-proven technologies and the manufacturing of market-ready products that are ready to be scaled up and rolled out across NSW.

This will support NSW’s five Renewable Energy Zones and hydrogen hubs, giving them access to more materials produced in NSW.

These grants open to the public on Monday, February 26, 2024.

To check eligibility and apply go to the NSW Climate and Energy Action website.