The Victorian Government are awarding grants to renewable energy projects in order to support the growth of renewables and create industry jobs.
Under the $20million New Energy Jobs Fund, the Victorian Government will help Victorian communities and businesses develop renewable projects by providing grants of between $50,000 and $1million.
Under exceptional circumstances, up to $2million can also be made available to support new energy technology projects.
The Fund will support growth in the uptake of renewable energy generation, reduce greenhouse gas emissions, drive innovation in new energy technologies, and assist community groups to develop renewable energy projects.
Advances in technology have triggered a wave of ‘smart’ energy technologies such as in-home displays, smart meters, energy storage, electric vehicles, and decreasing the cost of distributed generation.
The New Energy Jobs Fund forms part of the Labor Government’s $200million Future Industries Fund which supports high value industries that are critical to securing Victoria’s future as a competitive, innovative and outward looking economy.
Minister for Industry Lily D’Ambrosio announced that up to $5million will be made available in the first funding round.
“The New Energy Jobs Fund will help grow clean energy jobs and business opportunities in Victoria,” Ms D’Ambrosio said.
“We can build a strong, sustainable energy industry that powers our broader economy, creates well-paid jobs and delivers health and social benefits, while reducing our environmental impact.”
Communities, industry and businesses will have until 16 March 2016 to apply for one for the grants.