Global Trade Alert
Global Trade Alert

Australia: ARENA allocates AUD 30 million towards VSPC Pty Ltd

Announcement

20 Feb 2025

On 20 February 2025, the Australian Renewable Energy Agency (ARENA) granted VSPC Pty Ltd with a financial grant worth AUD 30 million.

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Number of interventions

2

1 certainly harmful

1 likely harmful

0 liberalising

List of interventions

Implementation date

20 Feb 2025

Revocation date:

No revocation date

Updated: 20 Feb 2025
Local value added incentive In force

On 20 February 2025, the Australian Renewable Energy Agency announced that it had approved financial support towards VSPC Pty Ltd for the construction of a demonstration facility. This transaction ...

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Implementation date

20 Feb 2025

Revocation date:

No revocation date

Updated: 20 Feb 2025
Financial grant In force

On 20 February 2025, the Australian Renewable Energy Agency (ARENA) announced a financial grant worth AUD 30 million (approx. USD 19.17 million) to VSPC PTY Ltd. The funding is for the construction...

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