South Australia receives dozens of bids for $150mn Renewable Technology Fund
9th October 2017
The South Australian government has received around 60 proposals from companies around the world looking to tap into its new $150mn Renewable Technology Fund.
The proposals include a diverse range of next generation renewable energy and energy storage technologies, including batteries, bioenergy, pumped hydro, thermal, compressed air and flywheel.
Energy Minister Tom Koutsantonis said: “What this result shows is that companies around the world recognise the potential that exists in the energy and storage sector in South Australia.
“The applicants include some of the leading global companies operating at the forefront of these emerging technologies. We also received very exciting proposals from local businesses, demonstrating the incredible capability of the entrepreneurs we have in this State.”
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