Key information
We are committed to achieving net zero emissions by 2050. To do this, we must:
- develop new low emission technologies
- build local manufacturing capacity of critical low carbon products
- stimulate local manufacturing of renewable energy generation, storage and transmission components.
That’s why we’re backing the next wave of innovators and manufacturers that will fast-track emissions reduction, create new jobs and drive economic growth across NSW.
The Net Zero Manufacturing Initiative supports NSW businesses and industries to remain leaders in the net zero transition by increasing their competitiveness, attracting investment and opening new growth opportunities.
Together, we can make NSW a net zero technology and manufacturing superpower.
Phase 1 successful projects
In 2024, we allocated up to $275 million of funding across 3 programs and 5 streams.
Project development stream
To accelerate the research, development and commercialisation of emerging clean technologies.
For technical and commercial viability studies of a project or product to make informed decisions before progressing with technology trials. Seven projects were awarded a total of $1.7 million in funding.
Read more about our successful projects
Commercial readiness stream
Supports projects and activities that help advance clean technology readiness levels (TRL) from 6 and beyond. Thirteen projects were awarded a total of $26.2 million in funding.
To expand and increase our local manufacturing capacity of low carbon products and materials.
Project development stream
For businesses preparing to commercially manufacture low carbon products in NSW. This stream funds specific development activities that enable a financial investment decision to establish a manufacturing facility. Three projects were awarded a total of $150,000 in funding.
Read more about our successful projects
Construction ready stream
To help businesses establish new or expanded commercial scale facilities in NSW that manufacture low carbon building materials, chemicals, biofuels, power fuels, or inputs for agricultural production. So far, we have awarded 7 projects a total of $79 million in funding. Further details of funded projects will be published on the Grant Funding Finder website as they become publicly available.
To expand and increase our local manufacturing capacity of components for renewable energy.
Construction ready stream
To help businesses establish new or expanded commercial scale facilities in NSW that will manufacture components suitable for grid-scale renewable energy production, storage and transmission. So far, we have awarded 4 projects a total of $113 million in funding. Further details of funded projects will be published on the Grant Funding Finder website as they become publicly available.
Looking for something else
You can find other funding opportunities on the NSW grant finder website.
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