RM Construction Ready Stream

Funding is available for businesses to help establish new or expanded commercial scale facilities in NSW that will manufacture components suitable for grid-scale renewable energy production, storage and transmission.

The renewable manufacturing – construction ready stream is part of the net zero manufacturing initiative. The fund supports NSW emerging renewable energy sector by investing in local manufacturing of renewable energy products such as wind tower, solar panels, batteries, and transmission cables, as well as hydrogen electrolysers. The fund objectives are to:

• drive economic growth across NSW – supply competitive goods and services, promote exports, attract investment, create jobs and sustainable employment, and provide opportunities for small and medium sized businesses.
• grow NSW’s renewable energy supply chain capacity and capability – expand existing capacity, invest in new industry capacity and capabilities, achieve scale-at-speed, scale up of local innovative commercial technologies, and leverage NSW’s existing highly skilled industrial workforce.
• alleviate supply chain risk and secure supply for the NSW renewable energy sector – address capacity gaps, support onshore manufacturing and diversify input origins, and reinforce ESG consideration.