Investment Attraction Fund: New Energies Industries Funding Stream
Maximum of $15,000,000
Submit by 4 Nov, 2025
WA
Department of Energy and Economic Diversification, Western Australia, Australia
Links & Supporting Documents
Grant Description
The New Energies Industries Funding Stream (Round 2) under Western Australia’s Investment Attraction Fund supports major clean energy and decarbonisation projects that create jobs, attract private and international investment, and diversify the State’s economy. Financial assistance is delivered via a Financial Assistance Agreement, generally up to 50% of total project costs and up to $15,000,000 (with scope for Ministerial discretion). Beneficiaries are legal entities investing in Western Australia whose projects align to priority “new energies” subsectors—green iron and steel, critical minerals processing, renewable hydrogen, and carbon capture, utilisation and storage (CCUS)—and contribute measurable emissions reduction and advanced manufacturing or export outcomes.