House Tablet

Find The Best Solar Deals In Australia

  • 3 Free, No Obligation, Solar Quotes
  • From Fully Qualified Installers
  • With 1000’s of Customer Reviews
  • Competing for Your Business
Finn Peacock Caricature

Check Your Postcode for local solar power quotes

Clean energy grants back on track

16th Nov 2012

The federal government has unveiled a new round of funding under its Clean Technology Investment Program - an initiative that was controversially halted in September.

Providing funding for businesses hoping to make their operations more energy efficient, the scheme was put on hold three months ago as part of a government review of its financing streams.

It was an announcement that was slammed by several industry experts, including Nigel Morris of Solar Business Services, who described it as "knee-jerk spontaneous reaction" that would be damaging for many companies.

But all may be forgiven, as the government has now said it will be providing $30 million in cash for 89 manufacturers to install clean energy technology upgrades, including solar power systems.

For example, Western Australia's Borrello Cheese in Oakford will receive $43,000 for solar energy developments.

Greg Combet, minister for industry and innovation, said total investment will reach $89 million as enterprises will be putting their own money towards the development of projects in addition to the grants.

"Over [the] coming years, the Clean Technology Investment Programs are expected to support around 3,000 projects and help many manufacturers across Australia use energy more efficiently," he explained.

"These programs are part of the Gillard government's Clean Energy Future package and are funded by carbon price revenue."

So where has the funding come from? The Clean Technology Investment Programs are made up of a variety of funding schemes designed for different purposes.

Under this particular round of cash injections, 39 grants have come from a general central Clean Technology Investment Program fund, whereas the remaining 50 are being supplied by the Clean Technology Food and Foundries Investment Program.

"The grants will help manufacturers transform the way they do business," Mr Combet stated, adding that it will enable them to boost their energy efficiency and make their operations more sustainable.

Posted by Mike Peacock

Solar Power News Categories

Government Rebate & Regulations
Solar Power & Technology

More Solar Power & Technology

Australia to be a part of huge Asian renewable energy growth
SunPower steps up to make solar more affordable
Canberra makes strides toward carbon neutrality
GTM puts solar's massive growth in perspective
Examining Australia's falling solar PV rooftop prices
Australia's shift toward renewable energy picks up the pace
Australia shines at solar decathlon
University of Queensland tapped as lead researcher on massive solar project
100 per cent renewable energy is possible in 10 years, environmental group says
Climate Commission releases report on solar progress
Aussie government actually shows spine for solar power
Be gone, skeptics: One million solar installations and counting
Australia embarks on its greatest solar journey ever
Australia looks to solar thermal for commercial success
Solar power helps King Island reach 100% sustainability
Australians 'heavy supporters of solar power'
Mildura solar plant officially unveiled
Solar power trumps other renewables in Australian minds
Sunshine Coast solar farm "fantastic initiative"
Sunshine Coast cashes in on namesake with solar plans
Energy storage 'could maximise solar power utility'
Solar powered family car - a world first?
Code of conduct for solar installers in the works
'Stop punishing households' for solar PV
Australian solar companies 'adjusting well'
Australian mining 'next solar frontier'
"Rooftop revolution" underway across Australia
Global PV market emerging from sluggish period
Royalla solar farm receives final approval
Leadership challenge a "debacle" for Australian solar power
Solar power giving global renewables a helping hand
Australia's largest CPV solar power plant up and running
Renewable energy misinformation "staggering"
CEC: Don't underestimate consumer desire for solar
Setting energy efficient examples on TV
Solar PV brightening up household bills
World's largest solar powered boat on the move
Climate change is heating up
The global solar power shift
New solar tech win for NSW
Industry orgs praise City of Sydney solar efforts
Clean Energy Council supports Regional Renewables scheme
Asian nations emerging as PV leaders
Solar PV demand continues to grow
Regional areas of Australia to receive more renewables
Australia's significant renewable energy growth
Solar panel reprieve for Queensland
New funding for solar research
Find love with sustainable speed dating
New Victorian solar power deal