Locally developed and manufactured technologies will play a critical role in Australia’s transformation into a renewable energy superpower, the government said in a media release.

“Establishing the Powering Australia Industry Growth Centre delivers on our commitment at the last election for an industry-led approach to enhancing our renewable energy industries.

“Our new Industry Growth Centre aligns with one of the National Reconstruction Fund’s priority investment areas, investing $3 billion in renewable and low-emissions technologies.

“It builds on the Albanese government’s suite of support for these industries, including the Australia Made Battery Plan, Powering Australia, Rewiring the Nation and a Future Made in Australia.”

The centre will provide advanced technology and skills to businesses looking to locally manufacture renewable technologies by offering:

  • help with commercialising locally manufactured renewable energy technologies and ideas
  • to encourage connections between critical minerals producers and renewable technology manufacturers
  • a First Nations Advisor to build First Nations business management capabilities

Ed Husic, minister for industry and science said, “We want an agile, industry-led approach to growing our renewable technology industry. Industry Growth Centres are a proven way of delivering the sort of timely and targeted support to our renewable business leaders are calling for.

“There’s $3 billion in the National Reconstruction Fund for the renewable and low-emissions energy industries. Today’s announcement will help maximise that investment.”