Southern Green Gas welcomes the announcement today by the Federal Government of increased funding for the Australian Renewable Energy Agency (ARENA). The funding is to support a broader range of technologies, including:
Through the 2021-22 Budget, the Government also provided ARENA with the ability to make venture capital / equity investments, further expanding the agency’s toolkit.
This is positive news for Southern Green Gas as it seeks to commercialise its direct air capture of CO2 (DAC) which is integral to its three products:
“We are grateful for the existing ARENA funding for our Wallumbilla Renewable Methane Demonstration Project. Further funding will allow us to maintain momentum and help address global decarbonisation,” said Southern Green Gas Managing Director, Rohan Gillespie.