A NSW Government website

Clean Economy

The ‘Race to Zero’ is on and there is no better time to capitalise on the opportunity to establish and grow your business in Sydney and New South Wales.

Translations also available in ChineseDownload File and KoreanDownload File

NSW is Australia’s Clean Economy capital

Australia’s largest economy, with a AAA credit rating and worth half-a-trillion dollars, similar to South Korea.

NSW now has more than 13,500 megawatts (MW) of renewable energy generation capacity, which is more than 50% of total generation capacity in our state.*

Four major exporting ports and integrated infrastructure supporting emerging technologies, including hydrogen and offshore wind generation.

Australia’s largest heavy industrial workforce.

An abundance of year-round sun and wind energy sites with consistently high average wind speeds.

Five of the world’s top-200 universities and over 60,000 STEM graduates, the most in Australia.

Our natural resources, integrated infrastructure, skills pipeline, research expertise and supportive policies make NSW one of the best places in the world for renewable energy and clean tech businesses looking to expand in the Asia Pacific.

Hear industry leaders from ANZ, NSW Ports, Australian Strategic Materials (ASM), UNSW and Octopus Investments Australia explain why NSW is primed to become a renewable energy and clean technology global powerhouse.

NSW: Australia’s Net Zero and Clean Economy Capital
Read Video Transcript

Start of Transcript

Katie Knight: Interim CEO, Investment NSW New South Wales is in a prime position to become a renewable energy and green technology powerhouse. The net zero economy offers investors a range of opportunities across a number of sectors. We've got the resources, the infrastructure, the skills, and the whole of government programs and strategies that are needed to support our investors in the clean tech economy here in New South Wales.

Katharine Tapley: Head of Sustainable Finance, ANZ I'm really excited about the vibrancy of the community here in New South Wales around net zero, whether it's the corporates, whether it's the finance sector. Obviously, New South Wales as a government is heavily invested. We know that a third of output in Australia comes from the state of New South Wales, so that obviously creates a very thriving center for doing business.

Marika Calfas: CEO, NSW Ports Our ports are critical nodes in the supply chains for New South Wales. They're very well connected geographically, and we have excellent connections, road, rail, and pipeline. Our ports are currently handling cargo's relevant to the green energy transition, but there's opportunities for so much more in the space of hydrogen, onshore and offshore wind, and critical minerals.

Rowena Smith: CEO, Australian Strategic Materials We need to have access to renewable energy for us to be able to produce our materials into the global market at net zero. So for us to be having access to the renewable energy zones that the New South Wales government has been supporting is critical. Our Dubbo Project is going to be developing the rare earth materials that are needed for wind turbines, electric vehicles, and a lot of the advanced technologies that are needed for renewable energy. New South Wales has got a wonderful resource endowment. The opportunity for us is to not just mine that material but actually add value all the way down the supply chain.

Deo Prasad: CEO, NSW Decarbonisation Innovation Hub/Scientia New South Wales is very well placed globally to be a destination for commercialisation of clean energy technologies. We have the supply chains, we have the skill base, and we have the infrastructure. But at the same time, New South Wales has taken the lead in terms of getting the policy settings right that give you certainty Page 2 of 2 and security. New South Wales have the capacity to create new engineers who come well skilled. That will allow us to help companies who establish here with the skill base.

Sam Reynolds: Managing Director, Octopus Australia We've got land-constrained Asian neighbours just off our doorstep, all energy short. I think hydrogen is going to be a key strategy for New South Wales, and I think New South Wales can create itself as a energy superpower. I'm sure with the New South Wales government backing it, it can do that. Seek out Investment New South Wales. There's some great resources and systems that they can help you get on the ground to support your team, to support where your office is, support which government programs you need to tap into.

Katie Knight: Interim CEO, Investment NSW It's not just about serving our needs here in New South Wales, it's about exporting our skills, our resources to meet the global demand for the race to net zero. We've got a complete package for investors across the net zero economy, so we're inviting you all to come grow with us

End of Transcript

NSW's clean energy and clean technology landscape

NSW’s clean energy and clean technology landscape. Over 18,000 ha in total size across the six
Special Activation Precincts – dedicated areas in
regional locations primed and ready to become
thriving business hubs.


Visit the 'Media centreExternal Link' from the NSW Climate and Energy Action website for additional media releases.

This plan is the foundation for NSW’s action on climate change and goal to reach net zero emissions by 2050. It outlines the NSW Government’s plan to protect our future by growing the economy, creating jobs and reducing emissions over the next decade.

Case study: Neoen lights up NSW by harnessing solar power

Download File Download the Neoen case study
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Start of Transcript

the only one is a French renewable
energy producer it's been created in
2008 in France noon's mission is to
deliver reliable sustainable and
competitive electricity across the globe
and we do that by developing building
financing and operating large-scale
renewable energy assets like solar Farms
wind farms and storage systems now in
Australia has been based in Sydney since
2013 we now have 45 people working
across all four states we've been
developing more than 11 projects in
Australia half of them being located in
New South Wales no one owns and operates
the largest solar photovoltaic facility
in New South Wales and in Australia
which is the Korean Valley solar farm
the business environment in Sydney was
very welcoming when we started to
investigate where we could locate our
activity in 2012 with the access to new
social resources and lands was very easy
the connection infrastructure in New
South Wales was critical to our
development and the transmission Network
operators and distribution networks
operator helped us getting our solar
Farms connected to the network in very
good conditions and I've really been
able to witness the efficiency of the
new socials Department of industry in
the way they supported us all along our
adventure in Australia the accuracy of
their follow-ups the supportive approach
that they had every step of the way that
really made a difference and really
helped us being so successful in

End of Transcript

Supporting your move to NSW

Investment NSW can connect you with a range of services and incentives available to businesses looking to grow.

Guidance: grants, rebates, programs and incentives

Investment NSW offers bespoke services to businesses looking to build a presence within NSW.

The team at Investment NSW provides tailored advice on grants, rebates, programs and other incentives your business may be eligible for.

Location: site identification, familiarisation and development

Whether you need a high-tech lab, an advanced manufacturing facility connected to a university or a greenfield site in regional NSW, we can assist.

We can work with you to establish a presence in a precinct or collaboration area suited to your needs.

We provide services to help you find the right accommodation:

  • determining the type of accommodation to best meet your businesses requirements
  • advice and support regarding opportunities available on Government land (both long and short term)
  • support navigating the planning process
Market insights

We can provide tailored information and data, including local market insights, on our focus areas.


We can introduce you to stakeholders who can support your growth objectives. This may include connecting you to:

  • corporate partners
  • business chambers
  • industry associations
  • technology precincts
  • research institutes
  • government agencies
Familiarisation visits

We offer curated introductions to help you identify local partners, distributors, industry stakeholders and service providers.

Asia-Pacific growth advice

Once you have established here, a wide range of services and programs are available to use NSW as a springboard into Asia. We can help you identify opportunities to expand in the region.

Visa and Skilled Migration support

Our Business & Skilled Migration Program actively supports the growth of New South Wales’s key industries, including tech, health, education, and advanced manufacturing. We attract a diverse range of skills and capabilities and nominate high-potential candidates to live and work in NSW.

These efforts fuel the expansion of businesses across the state, offering valuable opportunities for organisations looking to invest in NSW.

For more information about the Business & Skilled Migration Program, please visit our websiteExternal Link.


Case study: Australia’s first lithium-ion battery manufacturer

Energy Renaissance produces climate-optimised lithium-ion batteries for utility and commercial users at their advanced manufacturing facility near Newcastle in NSW.

View case study details

Contact us

Contact us today to find out more about investment opportunities in New South Wales.