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Victorias net zero future driven by local manufacturers

A new Victorian government net zero program is now available for transport operators

The Victorian government is supporting more local manufacturers with the transition towards net zero emissions, with a new grant program backing the production of renewable energy products.

Victorian jobs and industry minister Natalie Hutchins announced yesterday applications are open for the ‘Made in Victoria – Energy Technologies Manufacturing’ program to help manufacturers purchase or develop new equipment, skills, or technology that enables them to capitalise on renewable energy opportunities.

“Through this grant program, we’re supporting our transition to net zero and the transformation of our manufacturing sector to develop more skills and capabilities, attract investment and create the jobs of tomorrow,” Hutchins says.

“Victoria is the nation’s manufacturing capital and we’re backing local businesses to be global leaders in the production of renewable energy components.”

Grants between $100,000 and $750,000 are available to businesses, increasing capacity to manufacture components for zero emissions and renewable energy supply chains like wind, hydrogen and solar.

“We’re ensuring local manufacturers have the right technology and equipment to be part of the growing renewable energy supply chain, as we transition to 95 per cent renewable energy generation by 2035 and net zero by 2045,” Victorian energy minister Lily D’Ambrosio says.

The initiative builds on the success of the Low Carbon Manufacturing Grants program, which has provided $1.8 million in funding to 19 businesses across Victoria this past year.

Victoria’s $33 billion manufacturing sector is a driving force of the state’s economy and is made up of more than 24,000 businesses, supporting around 260,000 jobs and exporting $23.9 billion worth of goods.

Underpinned by the ‘Made in Victoria 2030 – Manufacturing Statement’, the Victorian government continues to drive growth and innovation in the manufacturing sector through initiatives like the $20 million Manufacturing and Industry Sovereignty Fund and the $4.5 million Digital Jobs for Manufacturing program.

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