Government Grant funding up to $50 million for renewable energy technologies development
The Australian Government Advancing Renewables Program offers grant funding, on a matching funding basis, of between $100,000 and $50 million to undertake renewable energy technology projects that increase the supply of, or improve the competitiveness of, renewable energy in Australia.
Projects must address one of the ARENA investment focus areas to:
Optimise the transition to renewable electricity
Commercialise clean hydrogen
Support the transition to low emissions metals
ARENA is seeking to fund projects and activities that assist the Government to accelerate priority low emissions technologies identified in the Technology Investment Roadmap - First Low Emissions Technology Statement - 2020 (weblink) including:
clean hydrogen
energy storage
low carbon materials (steel and aluminium)
carbon capture and storage
soil carbon
Successful projects should contribute to one or more of the program outcomes:
reduction in the cost of renewable technology
increase in the value delivered by renewable energy
improvement in technology readiness and commercial readiness of renewable energy
reductin in or removal of barriers to renewable energy uptake
increase in skills, capacity and knowledge relevant to renewable energy
Eligible applicants must:
Have an Australian Business Number (ABN)
Be an Australian incorporated entity (unless applying for Desktop Studies and Analysis)
The Advancing Renewable Program is open on an ongiong basis.
More information including the guidelines and link to the online application form can be found HERE.