Low Emissions Energy Development Gets Financial Boost in Western Australia

---

Researched by Industrial Info Resources (Sugar Land, Texas)--The state government of Western Australia is offering A$10 million (US$9 million) worth of funding for the development of sustainable, low-emissions technology. This is the third round in the A$30 million (US$27 million) Low Emission Energy Development Fund's application process. Previous successful applications include the development of an oil mallee harvester for a bioenergy supply chain and the demonstration wave-energy facility built by Carnegie Wave Energy Limited (ASX:CWE) (West Perth).

Businesses, universities, and governmental and non-governmental organisations have been invited to apply for the funding, which needs to be matched by $3 for every $1.

The Low Emissions Energy Development Fund is designed to support the Australian government's call to have 20% of all electricity generated from renewable sources by 2020. The state government has said that it is focused on supporting technologies that could help Western Australia lead the nation in low-emissions bio-energy and renewable energy, including solar, wave, tidal and geothermal.

Industrial Info Resources (IIR) is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy related markets. For more than 26 years, Industrial Info has provided plant and project spending opportunity databases, market forecasts, high resolution maps, and daily industry news.