The Western Australian Government has announced a further $10 million investment for the Clean Energy Future Fund, as a part of the WA Recovery Plan.
Clean energy innovators can apply for funding between $250,000 and $2 million for each clean energy project.
The second round of funding (building on an initial investment of $9 million) will be open to a broader range of projects, including mining operations and community groups.
Western Australian Environment Minister, Stephen Dawson, said, “It is important that Western Australia’s economic recovery works hand-in-hand with reducing the state’s emissions and protects our state’s environment.
“The Clean Energy Future Fund supports the Western Australian Government’s aspiration to achieve net zero greenhouse gas emissions by 2050.
“It also supports Western Australia’s low carbon transition by facilitating individual clean energy projects and accelerating technology innovation and broader adoption.”
The State Government is in the process of developing guidelines, which will be released in late-2020.
The Clean Energy Future Fund was established to support the development of innovative clean energy projects in Western Australia.
Western Australian Energy Minister, Bill Johnston, said, “Western Australia is blessed with an abundance of clean energy resources and world-class energy innovators.
“The Clean Energy Future Fund will help businesses and investors accelerate the State’s clean energy transformation and create jobs in one of the world’s fastest growing sectors.
“The Western Australian Government’s Energy Transformation Taskforce will position WA to take full advantage of the new energy technologies supported by the fund and provide cleaner, more reliable and affordable power to all Western Australians.”
Applications for the first round of funding are now being assessed on their capacity to reduce greenhouse gas emissions, their potential for wider adoption, scalability, and ability to create jobs in Western Australia.
The successful applicants for the first round of funding are expected to be announced in late-2020, with applications for the second round of funding opening in 2021.
The fund is administered by the Department of Water and Environmental Regulation with support from Energy Policy WA.
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