Australian PM commits new funding for clean energy projects

by IANS |

Canberra, Oct 29 (IANS) Australian Prime Minister Anthony Albanese has committed funding for two clean energy projects on the country's east coast.


Albanese on Tuesday announced over 50 million Australian dollars ($32.8 million) in combined federal government funding for the projects in the east coast states of New South Wales (NSW) and Victoria.


The package includes 33.3 million AUD ($21.8 million) to establish the Net Zero Manufacturing Center of Excellence in the NSW city of Newcastle, with the state government also contributing 28.1 million AUD ($18.4 million) to the project, Xinhua news agency reported.


Albanese said in a statement that the centre will play a pivotal role in training Australian workers in the advanced skills that will be required to transition mining, energy and manufacturing industries to a clean energy economy.


The remaining 17 million AUD ($11.1 million) will go towards Australia's first commercial concentrated solar thermal heat plant in the northeastern Victorian city of Wodonga.


The project will expand the application of solar power in Australia beyond electricity generation to heat generation.


According to the government, the 18-megawatt (MW) thermal plant will halve the use of gas by the manufacturing facility where it is being built.


The federal funding for the Wodonga project will come from the Australian Renewable Energy Agency (ARENA), which was established in 2012 to boost the supply and competitiveness of Australian renewable energy projects.

Latest News
Allu Arjun arrest: Varun Dhawan comes out in support of Telugu superstar Fri, Dec 13, 2024, 05:06 PM
Former Agricultural Bank of China VP arrested for suspected bribery Fri, Dec 13, 2024, 05:05 PM
Gurugram: Personal Banker of DBS bank arrested for cyber fraud Fri, Dec 13, 2024, 05:02 PM
Integrate yoga in national diabetes prevention policies: Dr. Jitendra Singh Fri, Dec 13, 2024, 05:00 PM
CCI issues cease and desist order against Table Tennis Federation of India, affiliate bodies Fri, Dec 13, 2024, 04:58 PM
Brazil expects agricultural output to increase seven per cent Fri, Dec 13, 2024, 04:50 PM
Travellers in Australia warned of flight delays as Qantas engineers go on strike Fri, Dec 13, 2024, 04:49 PM
Over 110 acres of poppy plantation destroyed in Manipur Fri, Dec 13, 2024, 04:47 PM
Karnataka BJP MLAs stage walkout from Assembly for not allowing discussion on Waqf row Fri, Dec 13, 2024, 04:44 PM
Sensex closes at 82,133 after 2,000 pts rally from day low Fri, Dec 13, 2024, 04:17 PM
Nobody praises Kejriwal's ten-year tenure: Sandeep Dikshit Fri, Dec 13, 2024, 04:13 PM
CCPA issues notices to 17 entities for violating direct selling rules Fri, Dec 13, 2024, 04:12 PM
Celebration of India's cultural heritage, collective spirit: PM Modi on Maha Kumbh Fri, Dec 13, 2024, 04:05 PM
SMAT: Rahane's stellar 98 leads Mumbai to final Fri, Dec 13, 2024, 04:03 PM
TB patients suffer high costs due to lost productivity, hospitalisation: ICMR study Fri, Dec 13, 2024, 03:55 PM