Funds available for clean industry innovations

Applications are currently open for the $40M Clean Technology Research and Development Grants Program, which encourages the development of innovative technologies and services to lower industry carbon emissions.

NSW Energy and Environment Minister, Matt Kean, said the research and development grants would support emission reducing innovations developed by universities, industry and other research organisations.

“We’re calling on NSW’s best engineers, scientists and researchers to come forward with their ideas on how we can lower carbon emissions into the future, and accelerate the state’s clean industrial revolution,” he said.

“These grants are part of the NSW Government’s $750M investment in Net Zero
Industry and Innovation, which is a cornerstone of our Net Zero Plan to reduce carbon emissions by 50 per cent by 2030.”

The grant program is targeting co-investment in early-stage technologies to reduce emissions in three key areas: electrification and energy systems; primary industry and land management; and power fuels, including hydrogen.

“With strong research and financial sectors, NSW is ideally positioned to create an ecosystem where clean technologies are rapidly developed, repeatedly innovated and scaled-up to meet our emissions targets,” Kean said.

The grants program is administered by the NSW Environmental Trust and will be available annually until 2026.

Expressions of Interest for the current round close at 5pm on November 23, with up to $5M available for individual grants ranging from $400,000 to $4M.

More information is available at www.environment.nsw.gov.au/clean-tech-grants.

Primary information source: Media release, NSW Treasurer and Minister for Energy and Environment, Matt Kean

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