Latest updates
- Applications for green hydrogen electricity concessions are open. Find out more.
- Sign up to hear about 2026 funding opportunities here.
- Read the NSW Renewable Fuel Strategy.
Driving a clean industrial revolution
We want to work with you to transform NSW into an innovative, thriving low carbon economy. By accelerating the development of clean technology and decarbonisation, we can lay the foundations to significantly reduce emissions and help industry prosper.
With more than $1 billion to support and partner with industry to move towards net zero, we are committed to:
- encouraging investment in clean technologies, with increased certainty and confidence for investors.
- future proofing industry by helping you decarbonise
- creating a strong NSW by growing jobs and strengthening the economy.
By embracing the benefits of a low carbon economy, we can position NSW as an innovative leader now and into the future.
Net Zero Industry and Innovation launched in March 2021. It is part of the NSW Net Zero Plan Stage 1: 2020-2030 to reduce emissions by 70% by 2035 and achieve net zero by 2050.
Our key initiatives
We are helping NSW’s brightest minds make innovative climate solutions a global reality. We’re doing this by progressing technologies from the lab to real-world environments through a range of grants.
A thriving clean technology community in NSW creates huge economic growth fuelling new investment, new jobs and new opportunities for businesses and communities.
Applications closed on 8 September 2026 for the clean technology innovation grant under round 2 of the Net Zero Manufacturing Initiative.
We are laying the foundations for low emissions industries by:
- building enabling infrastructure and increasing capability of our supply chains
- creating regional industrial decarbonisation plans across NSW.
To do so, we’re investing $55 million into the Hunter and Illawarra to help accelerate their shift towards innovative clean technologies. We’re working with mining and manufacturing industries, clean industry experts and regional partners to help design tailored and actionable plans for each region.
This will open up huge economic growth and secure the regions’ low carbon economic futures.
We are helping scale up NSW's manufacturing capacity to produce low carbon products and components for renewable energy technologies.
Applications closed on 25 August 2026 for the low carbon product manufacturing grant and renewable manufacturing grant under round 2 of the Net Zero Manufacturing Initiative.
We are working with industry to develop a thriving green hydrogen industry in NSW. Hydrogen is a versatile fuel with the power to decarbonise NSW’s high-emitting and hard-to-abate industries, such as transport and freight, manufacturing, and agriculture.
This will help pave the way for a net zero emissions future while driving economic growth by generating up to $80 billion in investment by 2050. Our nation-leading $3 billion NSW Hydrogen Strategy delivers incentives aimed at driving down green hydrogen production costs, launching new industries, and providing future-focused training.
If you produce green hydrogen, you can apply for concessions to significantly reduce your electricity costs in NSW. Up to $1.5 billion is available.
We’re supporting the development of hydrogen hubs to increase the production and availability of green hydrogen across the state. These hubs are critical to establishing and growing the green hydrogen sector in NSW and Australia.
We are supporting the industry to grow new supply chains to improve the affordability, reliability and sustainability of green hydrogen and biomethane in NSW.
We aim to support the development of hydrogen refuelling stations on major interstate highways to transition our heavy transport industry to reach net zero by 2050.
Renewable fuels such as sustainable aviation fuel (SAF), renewable diesel, biomethane and hydrogen are critical to decarbonising our hard-to-abate sectors and achieving a net zero future for NSW.
That’s why we are working with businesses and industry to foster a thriving renewable fuels sector that will support economic growth, create jobs and enhance energy security across the state.
The NSW Renewable Fuel Strategy supports our vision for a sustainable future by accelerating the production and uptake of affordable renewable fuels in NSW.
We are helping our largest manufacturing and mining facilities significantly reduce their emissions and strengthen their resilience in the future.
If your facility emits more than 90,000 tonnes of carbon dioxide equivalent (tCO2-e) a year, you may be eligible for future funding opportunities to help you develop and deploy decarbonisation projects, from feasibility studies through to commissioning.
The HEI fund is currently closed.
Stay updated
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