Global Trade Alert
Global Trade Alert

Australia: Queensland government invests AUD 25 million in ESI

Announcement

24 Sep 2024

In September 2024, the Queensland government announced a financial support of AUD 25 million towards ESI for establishing a manufacturing plant for grid-scale batteries.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

24 Sep 2024

Revocation date:

No revocation date

Updated: 09 Apr 2025
Equity stake In force

On 24 September 2024, the Queensland government announced funding worth AUD 25 million (approx. USD 16.6 million), including equity investments to Energy Storage Industries - Asia Pacific (ESI). Th...

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Updated: 29 Sep 2024
State loan In force

On 24 September 2024, the Queensland government announced funding worth AUD 25 million (approx. USD 16.6 million) including a state loan to Energy Storage Industries - Asia Pacific (ESI). The fundi...

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