Announcement of Powering Australia Grant

CANBERRA: 16 February 2024

The Albanese Government has today awarded $14 million to Powering Australia Limited, the team behind the FBICRC, to establish the Powering Australia Industry Growth Centre to help Australian businesses manufacture renewable energy technologies locally.

Powering Australia will contribute to Australia’s decarbonisation goals by connecting material producers to manufacturers, commercialising local renewable ideas and increasing the capability of businesses and First Nations peoples to participate in the energy transition.

Chief Executive Officer Shannon O’Rourke said with an existing national footprint and networks, his organisation was placed to help deliver the Powering Australia agenda.
“Powering Australia will build on the existing networks and track record of success established by the FBICRC and will help to capitalise on our world class mineral resources and skilled workforce. We are delighted to take on this important role and look forward to working with Australia’s clean-tech industry leaders to convert ambition into action.”

Minister for Industry and Science, Ed Husic said:
“Batteries, renewables and other low-emissions technologies offer huge opportunities for Australian industry to create jobs and the sovereign capabilities critical to our economic success. This $14 million investment is targeted support to grow Aussie know how in these emerging areas.”

Powering Australia builds on the Government’s raft of policies and investments in the energy transition including the National Reconstruction Fund, the Australia Made Battery Plan, Rewiring the Nation and a Future Made in Australia.

The Powering Australia centre will be headquartered in Perth, Western Australia with offices across the country and will commence operations in late February 2024.
Read the Minister’s statement in full.