$500 Million Program Launched to Boost Battery Manufacturing Sector

$500m Battery Breakthrough Initiative (BBI) launched by ARENA - Manufacturers' Monthly

Image: IM Imagery/stock.adobe.comThe Australian Renewable Energy Agency (ARENA) has launched the $500 million Battery Breakthrough Initiative (BBI) to grow the nation’s battery manufacturing sector. ARENA chief executive Darren Miller said energy storage would be essential to achieving Australia’s net zero targets. “Energy storage is a critical enabling technology for our renewable energy future. We know that solar and wind energy can provide us…

$500 million program launched to boost battery manufacturing sector

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

ARENA initiative to grow Aussie battery manufacturing

The Australian Renewable Energy Agency (ARENA) has launched the $500 million Battery Breakthrough Initiative (BBI) to support and grow battery manufacturing in Australia. BBI will provide clean energy manufacturing opportunities for Australia’s workforce and allow Australia to leverage its expertise in battery energy storage. Related article: Switched-on savings with Cheaper Home Batteries Program ARENA CEO Darren Miller said batteries are cruci…

$500m scheme to build Australian batteries - Ecogeneration

Image: ZETHA_WORK/stock.adobe.comAustralia has launched a $500 million funding program to scale up local battery manufacturing. The Australian Renewable Energy Agency (ARENA) this week opened applications for the Battery Breakthrough Initiative (BBI). The initiative, central to the federal government’s National Battery Strategy and Future Made in Australia agenda, will provide capital grants, production incentives and other tailored support to d…

Manufacturing focus at centre of ARENA’s $500M battery program - Australian Manufacturing

The Australian Renewable Energy Agency (ARENA) has launched a $500 million initiative aimed at strengthening battery manufacturing in Australia and supporting the nation’s clean energy transition.