DEADLINE: Powering the Regions Industrial Transformation Stream

The Australian Renewable Energy Agency (ARENA) has opened a second round of its Powering the Regions Fund: Industrial Transformation Stream (ITS) program, with $70 million in funding available to support industry to decarbonise.

Following the well subscribed $150 million first round, the second round is open until 15 July 2025 and is expanding its focus to support innovation and advancement in commercial deployment.

The expanded focus areas are:

• Focus Area 1 – Supporting highly innovative, first of a kind technologies and solutions that have the potential to significantly reduce emissions. Funding will help in derisking early-stage investments in solution development, encourage operational trials in new or unproven use cases, unlock funding and deployment opportunities by evidencing technical viability and accelerate timelines to scale demonstration and deployment, advancing technical readiness.
• Focus Area 2 – Accelerating the commercial deployment of technologies and solutions that may be technically demonstrated but are not yet commercially viable or where widespread adoption remains limited.