Investment comes after research showing Australia is at risk of missing out on global renewables manufacturing boom
Thousands of Queenslanders could soon be employed in a globally competitive grid-scale battery export industry, with the state committing hundreds of millions in backing for the sector.
Centre for Future Work director, Jim Stanford, said the state’s shift towards long-unfashionable “industry policy” was “absolutely the right direction” for the entire country, not just Queensland.
$275m to support industry to innovate and commercialise battery technologies, including a new Australian battery industrialisation centre.
$92.2m to drive battery investment and supply chain growth, including grants.
$202.5m to promote the local industry, including a new state government clearing house.
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