Australia Launches Fund to Expand Battery Manufacturing

Australia launches fund to expand battery manufacturing

The Australian Renewable Energy Agency has launched a AUD 500 million ($324 million) initiative aimed at supercharging Australia’s battery manufacturing industry and seizing opportunities associated with the global renewable energy transition.From pv magazine Australia Australian businesses can now apply for a share of AUD 500 million in capital grants and production incentives designed to boost domestic manufacturing capacity and establish the …

Australia opens AU$500 million Battery Breakthrough Initiative

The Australian government has officially launched the AU$500 million Battery Breakthrough Initiative (BBI).

$500m in battery grants open for struggling sector

A $500 million program to support Australian battery manufacturing has opened, offering capital grants and production incentives to local companies as international competition grows. The Battery Breakthrough initiative, announced in last year's federal Budget, is designed to provide targeted funding to high-value battery products and scale operations across the value chain. A central plank of the Albanese government’s National Battery Strategy,…

Australia aims for home-made cells, materials and packs in new $500m “battery breakthrough” fund

Federal Labor launches latest Future Made in Australia initiative, offering companies a share in $500m to supercharge domestic battery manufacturing.