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$13 Million awarded for renewable energy projects.



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6 December 2006 06/495

$13 MILLION AWARDED FOR RENEWABLE ENERGY PROJECTS

Eight renewable energy projects have been offered more than $13 million under the Australian Government’s Renewable Energy Development Initiative (REDI).

These innovative projects will help meet Australia's growing demand for energy, while also meeting the environmental challenges we face today. The projects cover the broad spectrum of renewable energy technologies and include research into cloud seeding, yeast technology to convert plant waste into ethanol, and turbulence mapping at wind energy sites.

The grant offers were announced today by Industry Minister, Ian Macfarlane, and the Environment Minister, Senator Ian Campbell.

Already grants of more than $46 million have been awarded to 24 renewable energy companies nationwide from the $100 million REDI program.

"In supporting these projects, the REDI program is demonstrating the Government’s commitment to the development of renewable energy technology,” Mr Macfarlane said.

Senator Campbell said the range of projects was evidence of the strength of the renewable energy industry in Australia.

“Research into and development of renewable energy technologies will give Australia a strong base on which to grow its own industry and expand opportunities overseas,” Senator Campbell said.

The eight projects awarded funding are:

• Snowy Hydro Ltd, (NSW/ACT), $4,022,304 for cloud seeding research to increase natural snowfalls and inflows to storages of the Snowy Mountains Scheme. • Brockway DiCOM Facility Pty Ltd (WA), $2,712,050 for development of DiCOM Waste Recycling System WMRC Demonstration Plant. • MicroBiogen Pty Ltd (NSW), $2,482,061 for new yeast technology for converting plant waste into ethanol. • BP Solar Pty Ltd (NSW), $1,581,411 for photovoltaic cell process engineering development for improving the yield from silicon. • Proactive Energy Developments Limited (NSW), $1,224,250 for a novel regenerator for adapting supercritical cycles to geothermal power applications. • Dynamic Systems Australia Pty Ltd (NSW), $612,679 for development of a prototype

100KW vertical axis wind turbine.

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• Windlab Systems Pty Ltd (ACT), $368,292 for its computational model for prediction of turbulence on wind energy sites. • Downer Energy Systems Pty Ltd (Qld), $345,500 for a new generation modular biomass power plant.

Media contacts: Rob Broadfield (Senator Campbell’s office) 02 6277 7640 or 0409 493 902 Claire Wilkinson (Minister Macfarlane's office) 02 6277 7580 or 0419 840 452

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