Locally developed and manufactured technologies will play a critical role in Australia's transformation into a renewable energy superpower.
That's why the Albanese government is investing $14 million in a home for emerging Australian-made solutions to our energy and emissions challenges.
Establishing the Powering Australia Industry Growth Centre delivers on our commitment at the last election for an industry-led approach to enhancing our renewable energy industries.
Our new Industry Growth Centre aligns with one of the National Reconstruction Fund's priority investment areas, investing $3 billion in renewable and low-emissions technologies.
It builds on the Albanese government's suite of support for these industries, including the Australia Made Battery Plan, Powering Australia, Rewiring the Nation and a Future Made in Australia.
The centre will provide advanced technology and skills to businesses looking to locally manufacture renewable energy technologies by offering:
- help with commercialising locally manufactured renewable energy technologies and ideas
- to encourage connections between critical minerals producers and renewable technology manufacturers
- a First Nations Advisor to build First Nations business management capabilities
Quotes attributable to Ed Husic, Minister for Industry and Science:
"We want an agile, industry-led approach to growing our renewable technology industry.
"Industry Growth Centres are a proven way of delivering the sort of timely and targeted support to our renewable business leaders are calling for.
"There's $3 billion in the National Reconstruction Fund for the renewable and low-emissions energy industries.
"Today's announcement will help maximise that investment."
