Australian businesses can now apply for a share of $500 million in capital grants and production incentives to supercharge domestic battery manufacturing.  

Delivered by the Australian Renewable Energy Agency (ARENA), the Battery Breakthrough Initiative will provide targeted funding to help manufacturers produce high-value battery products and scale operations across the value chain.  

By building more of the battery value chain here at home, we’re ensuring those jobs are created in Australian workshops, factories and labs in our cities, suburbs, and regions.

As a cornerstone of the National Battery Strategy, the program will focus on key areas such as stationary energy storage and production of battery active materials using Australian energy and critical minerals. 

Designed by ARENA in consultation with the Department of Industry, Science and Resources, the Battery Breakthrough Initiative has been shaped through extensive stakeholder consultation to ensure it delivers maximum impact for industry.  

This initiative is part of the Future Made in Australia agenda, supporting the growth of our national battery manufacturing industry bolstering supply chain resilience, and advancing emissions reduction.  

For more information and to apply, visit: https://arena.gov.au/funding/battery-breakthrough-initiative 

Quotes attributable to Minister for Industry and Innovation and Minister for Science Tim Ayres:  

“Clean energy technology is powering more and more of Australia’s grid, and we must keep looking for the best and most efficient ways to store this energy.  
 
“Batteries are a critical component of the global move to reduce carbon emissions and there is a huge opportunity for Australia to be part of this global demand.  
 
“Australia’s got the raw materials, a strong research sector and a range of companies deeply engaged on the role of batteries in the clean energy transition, and that’s why I’m so excited to back these home-grown ideas and businesses to deliver a Future Made in Australia.”