Government Investment in Decarbonising Industry (Round 3)
Tender ID: 470134
Tender Details
Tender Description
Decarbonising industrial process heat
The Government Investment in Decarbonising Industry (GIDI) Fund is a partnership between Government and business to accelerate the decarbonisation of industrial process heat and contribute to the COVID-19 recovery by stimulating the domestic economy and supporting employment.
Process heat makes up around a third of New Zealand's overall energy use, and 60% of process heat is fossil-fuelled, mainly by gas and coal.
EECA administers the GIDI Fund on behalf of the Government through a contestable process that will see $69 million of capital grants co-investment made available to support good projects.
The Fund is available to New Zealand-based private sector businesses who have committed to decarbonising their business and industrial processes, where Government co-investment will help remove barriers to accelerating their decarbonisation goals.
Round 3 is open
EECA is now accepting applications for round 3 of the GIDI Fund.
Applicants have until October 18 to submit their proposals, and successful projects will be announced by Minister of Energy and Resources Dr Megan Woods early in 2022.
Full details regarding the fund, including how to apply, can be found at:
https://www.eeca.govt.nz/co-funding/industry-decarbonisation/about-the-government-investment-in-decarbonising-industry-fund/
Please direct all questions to the GIDI Fund administration team at GIDIFund@eeca.govt.nz
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