SA takes next step as world leader in renewable energy tech
Monday, 28 August 2017
Calls are now open for projects that will deliver clean, reliable and affordable power as part of the $150 million Renewable Technology Fund.
The fund comprises $75 million in grant funding and $75 million in loans or other forms of investment or assistance for eligible projects, to support private innovative companies and entrepreneurs.
Projects should fall in the following categories:
- firming renewable generation, for example incorporating storage or other equipment into existing or pending wind or solar developments for increased inertia and system stability
- bulk energy storage, for example pumped hydro, compressed air, thermal storage or virtual power plants
- bioenergy, for example energy produced from agricultural wastes or by-products.
A portion of the $150 million Renewable Technology Fund - part of the energy plan: South Australian Power for South Australians - has already been allocated towards the grid-scale battery storage project currently being built by Tesla and Neoen near Jamestown.
Applications close at 5pm on 28 September 2017, with successful applicants expected to be advised before summer.
The Investment Guidelines and call documents are available at www.ourenergyplan.sa.gov.au/opportunities.