$500,000 for DNV GL Australia through New Energy Jobs Fund

Member for Northern Metropolitan Region, Jenny Mikakos MP today announced $500,000 to further develop new energy technologies in the Gap Analysis and Development of a Performance Standard for Battery Storage.

This funding announcement is part of the second round of the Andrew Labor Government’s $20 million New Energy Jobs Fund (NEJF), announced by Minister for Energy, Environment and Climate Change, Lily D’Ambrosio.

The NEJF assists with the delivery of new energy technology projects which support the uptake of renewable energy, reduce emissions and assist community groups to develop projects.

The $2.954 million project will allow DNV GL Australia Pty Limited to develop a major energy storage project.

The project aims to provide more information on the measurement of battery metrics and set a standard for how residential and commercial customers can define minimum performance standards and compare different battery types.

Mikakos MP said the unique project will tap into major economic and social trends that are transforming business practices across many industries.

Over 50 applications were received in round two of the New Energy Jobs Fund, resulting in 21 successful projects receiving a total of over $6 million in grants.

The third round of NEJF grants is expected to open later this year.

More information on the NEJF at: http://www.business.vic.gov.au/support-for-your-business/future-industries/new-energy-technologies

Quotes attributed to Member for Northern Metropolitan Region, Jenny Mikakos MP

“The New Energy Jobs Fund is a great example of the Andrew Labor Government’s commitment to developing the renewable energy industry and  creating more jobs for the state.”

 “This project is one of many right across Victoria that is making the most of opportunities presented through renewable energy generation.”