Production Archives - InnovationAus.com https://www.innovationaus.com/tag/production/ Thu, 01 Aug 2024 07:48:14 +0000 en-AU hourly 1 https://wordpress.org/?v=6.5.5 https://www.innovationaus.com/wp-content/uploads/2020/02/favicon-new.png Production Archives - InnovationAus.com https://www.innovationaus.com/tag/production/ 32 32 SMEs secure $1.9m from Victorian manufacturing grants https://www.innovationaus.com/smes-secure-1-9m-from-victorian-manufacturing-grants/?utm_source=rss&utm_medium=rss&utm_campaign=smes-secure-1-9m-from-victorian-manufacturing-grants https://www.innovationaus.com/smes-secure-1-9m-from-victorian-manufacturing-grants/#respond Thu, 01 Aug 2024 07:48:14 +0000 https://www.innovationaus.com/?p=62352 Nine small to medium-sized manufacturers have secured $1.9 million in grants in the latest round of the Made in Victoria manufacturing growth program. The recipient businesses operate in a diverse range of sectors from food and beverage manufacturing to construction, packaging, and transport. While each dollar of the up to $250,000 grants needed to be...

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]]> https://www.innovationaus.com/smes-secure-1-9m-from-victorian-manufacturing-grants/feed/ 0 Treasurer unveils tax credit requirements for renewable hydrogen https://www.innovationaus.com/treasurer-unveils-tax-credit-requirements-for-renewable-hydrogen/?utm_source=rss&utm_medium=rss&utm_campaign=treasurer-unveils-tax-credit-requirements-for-renewable-hydrogen https://www.innovationaus.com/treasurer-unveils-tax-credit-requirements-for-renewable-hydrogen/#respond Fri, 28 Jun 2024 04:48:40 +0000 https://www.innovationaus.com/?p=61820 Initial requirements for $14 billion worth of production tax credits are more favorable toward renewable hydrogen investments than other jurisdictions, but a list of eligible outputs from critical mineral projects has yet to be determined. Consultation on the design of the two production credits was launched on Friday by Treasurer Jim Chalmers. The hydrogen tax...

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]]> https://www.innovationaus.com/treasurer-unveils-tax-credit-requirements-for-renewable-hydrogen/feed/ 0 Thermal storage pilot ‘back on track’ as ARENA support triples https://www.innovationaus.com/thermal-storage-pilot-back-on-track-as-arena-support-triples/?utm_source=rss&utm_medium=rss&utm_campaign=thermal-storage-pilot-back-on-track-as-arena-support-triples https://www.innovationaus.com/thermal-storage-pilot-back-on-track-as-arena-support-triples/#respond Mon, 17 Jun 2024 14:01:42 +0000 https://www.innovationaus.com/?p=61620 The Australian Renewable Energy Agency has tripled its support for MGA Thermal to help the thermal energy storage company recommence delivery of its demonstration plant after overcoming unexpected challenges last year. The firm originally received a $1.26 million grant from the ARENA to deliver the pilot plant by the end of April. However, during a...

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]]> https://www.innovationaus.com/thermal-storage-pilot-back-on-track-as-arena-support-triples/feed/ 0 Why $13.7bn in clean energy tax sweeteners won’t flow until 2027 https://www.innovationaus.com/why-13-7bn-in-clean-energy-tax-sweeteners-wont-flow-until-2027/?utm_source=rss&utm_medium=rss&utm_campaign=why-13-7bn-in-clean-energy-tax-sweeteners-wont-flow-until-2027 https://www.innovationaus.com/why-13-7bn-in-clean-energy-tax-sweeteners-wont-flow-until-2027/#respond Wed, 15 May 2024 11:23:31 +0000 https://www.innovationaus.com/?p=61169 The federal government’s $13.7 billion in production incentives for green hydrogen and processed critical minerals will begin to flow in financial year 2027-28, giving the industries time to scale, according to Treasurer Jim Chalmers. Answering questions following his post-Budget address on Wednesday, Mr Chalmers acknowledged the short-term pressure of lower international critical mineral prices but...

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]]> https://www.innovationaus.com/why-13-7bn-in-clean-energy-tax-sweeteners-wont-flow-until-2027/feed/ 0 Solar Sunshot subsidies to flow from 2026 https://www.innovationaus.com/solar-sunshot-subsidies-to-flow-from-2026/?utm_source=rss&utm_medium=rss&utm_campaign=solar-sunshot-subsidies-to-flow-from-2026 https://www.innovationaus.com/solar-sunshot-subsidies-to-flow-from-2026/#respond Tue, 23 Apr 2024 03:15:32 +0000 https://www.innovationaus.com/?p=60782 Solar module manufacturers will start competing for their share of $1 billion in production subsidies within months, with funding expected to flow from mid-2026 to help meet a 10 fold increase in demand for solar energy. Consultation on the proposed design of the Solar Sunshot program began on Tuesday before round one opens to applicants...

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]]> https://www.innovationaus.com/solar-sunshot-subsidies-to-flow-from-2026/feed/ 0 SQC to buy more silicon from Silex Systems https://www.innovationaus.com/sqc-to-buy-more-silicon-from-silex-systems/?utm_source=rss&utm_medium=rss&utm_campaign=sqc-to-buy-more-silicon-from-silex-systems https://www.innovationaus.com/sqc-to-buy-more-silicon-from-silex-systems/#respond Tue, 23 Jan 2024 05:10:31 +0000 https://www.innovationaus.com/?p=59300 Local laser enrichment firm Silex Systems has secured a commitment from Silicon Quantum Computing to buy more of the key inputs necessary for silicon-based quantum computing. The ASX-listed company on Tuesday said the value of its offtake agreement with Silicon Quantum Computing (SQC), first signed in 2019, has grown by $1.35 million to $2.25 million....

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]]> https://www.innovationaus.com/sqc-to-buy-more-silicon-from-silex-systems/feed/ 0 Two hydrogen hubs secure $147m in funding https://www.innovationaus.com/two-hydrogen-hubs-secure-147m-in-funding/?utm_source=rss&utm_medium=rss&utm_campaign=two-hydrogen-hubs-secure-147m-in-funding https://www.innovationaus.com/two-hydrogen-hubs-secure-147m-in-funding/#respond Thu, 18 Jan 2024 06:08:44 +0000 https://www.innovationaus.com/?p=59236 More than two years after the first round of the hydrogen hubs program opened under the former Coalition government, the last $147 million in grant funding has been committed to Tasmania and Western Australia. The $70 million grant for the Bell Bay hydrogen hub and the $77 million grant for the Pilbara hydrogen hub will...

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]]> https://www.innovationaus.com/two-hydrogen-hubs-secure-147m-in-funding/feed/ 0 Defence readies release of new space capability strategy https://www.innovationaus.com/defence-readies-release-of-new-space-capability-strategy/?utm_source=rss&utm_medium=rss&utm_campaign=defence-readies-release-of-new-space-capability-strategy https://www.innovationaus.com/defence-readies-release-of-new-space-capability-strategy/#respond Tue, 24 Oct 2023 07:20:52 +0000 https://innovationaus.wpengine.com/?p=55210 The Department of Defence is nearing completion of a new Space Capability Program strategy, with local industry expected to be briefed “before December”. Head of Space Command Air Vice-Marshall Cath Roberts told a Space Industry Association of Australia (SIAA) event in Canberra last week that the previously unannounced strategy was waiting on one final signature...

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]]> https://www.innovationaus.com/defence-readies-release-of-new-space-capability-strategy/feed/ 0 Budget 2023: $2bn for green hydrogen production credits https://www.innovationaus.com/budget-2023-2bn-for-green-hydrogen-production-credits/?utm_source=rss&utm_medium=rss&utm_campaign=budget-2023-2bn-for-green-hydrogen-production-credits https://www.innovationaus.com/budget-2023-2bn-for-green-hydrogen-production-credits/#respond Tue, 09 May 2023 10:54:47 +0000 https://innovationaus.wpengine.com/?p=47160 A hydrogen production credit scheme worth $2 billion has been announced by the Commonwealth government, although funding is not expected to flow to producers until 2026. Funding has also been committed to the development and operation of the Guarantee of Origin (GO) Certificate scheme and a Capacity Investment Scheme to “to underwrite new investment in...

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]]> https://www.innovationaus.com/budget-2023-2bn-for-green-hydrogen-production-credits/feed/ 0 Land secured for $1bn battery material factory in WA https://www.innovationaus.com/land-secured-for-1bn-battery-material-factory-in-wa/?utm_source=rss&utm_medium=rss&utm_campaign=land-secured-for-1bn-battery-material-factory-in-wa https://www.innovationaus.com/land-secured-for-1bn-battery-material-factory-in-wa/#respond Sun, 16 Apr 2023 20:36:38 +0000 https://innovationaus.wpengine.com/?p=45993 A bid by critical minerals miner IGO and Andrew Forrest’s Wyloo Metals to develop Australia’s first commercial precursor cathode active material for use in battery production has secured a land agreement with the Western Australian government. With an estimated capital expenditure between $600 million and $1 billion, the parties are working towards a final investment...

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