Renewable Technology Fund
The $150 million Renewable Technology Fund (Fund) will support investment, through a series of grants and other financing, in the next generation of renewable technologies and demand management technologies which will improve the reliability and security of the South Australian electricity network, and improve affordability for South Australian consumers.
A key part of our Energy Plan, the objectives of the Fund are to:
- catalyse private sector investment to support further integration of renewable technologies and demand management technologies in South Australia
- collaborate with ARENA and CEFC in relation to investment opportunities in South Australia; and
- fast-track South Australia’s energy transformation and improve electricity market competition.
The Investment Guidelines for the Fund specify how these objectives will be achieved and provide guidance for proponents considering submitting a proposal seeking an investment from the Fund. In particular, the Fund may identify, assess and invest in Investment Opportunities in a number of different ways including in response to various Calls for Proposals.
Calls for proposals are now closed. Submissions are being assessed.
The Fund will be administered by the Low Carbon Economy Unit of the Department of the Premier and Cabinet with oversight from the Energy Plan Implementation Committee which was established to implement the Energy Plan.
Staff may be contacted via email DPCRenewablesSA@sa.gov.au or by calling +61 8 8429 5082 / +61 8 8429 5285.