The Victorian Government will fund a $3 million grant program to help grow the new energy technology sector in the Latrobe Valley.

The Latrobe Valley Microgrid Grant Program will help accelerate the uptake of renewable energy in the region.

Victorian Minister for Energy, Environment and Climate Change, Lily D’Ambrosio, said the grants will ensure businesses in the Latrobe Valley have access to cheap, clean, and reliable energy.

“This microgrid program will mean local businesses can save money and strengthen investment in the local economy.”

The funding will support the development of a microgrid project located in the Latrobe Valley with the aim of lowering the cost of energy for local businesses, encouraging investment in the region and supporting the transition to a low-carbon economy.

Eligible project types include microgrids, virtual power plants and smart embedded networks which have renewable energy as the primary energy source.

Applications will close on 17 September 2018. The successful microgrid project will need to be completed by mid-2022.

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