New South Wales is Australia’s Clean Economy Capital
Australia’s largest economy, with a AAA credit rating and worth half-a-trillion dollars, similar to Singapore and Hong Kong
NSW now has approximately 13,500 megawatts (MW) of renewable energy generation capacity, which is around 53% 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
Abundance of sun all year and wind energy sites with consistently high average wind speeds
Six of the world’s top-200 universities and over 160,000 STEM graduates, the most in Australia
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The French company has grown into a world-class provider of clean energy, less than 10 years since it was established. It owns and operates solar and wind farms across 15 countries and has developed the world’s largest lithium–ion battery.
Clean energy producer Neoen became an early leader when it decided to build solar power plants in New South Wales (NSW) in 2012. Seven years and $500 million in investments later, the company has successfully built five solar farms in the state—one of which is the largest ever constructed in Australia.
Before coming to Australia in 2012, Neoen had been looking to expand beyond Europe and considered several countries. It decided that Australia offered the most potential because of the country’s attractive renewable energy environment, according to Franck Woitiez, Managing Director of Neoen Australia. “Australia is home to an abundance of resources that we need—wind and sunlight,” says Woitiez. “It also has a large infrastructure network, which meant that we could seamlessly connect our projects to the grid.” Woitiez’s team visited every major Australian city to identify where the company could best develop its business through a network of partners. “We then started looking for a location for solar farms, and we thought NSW was the state where we had the most potential for success in greenfield solar projects,” says Woitiez. “So we decided to set up our office in Sydney.”
Supporting your move to NSW
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.
For further programs, grants and schemes, supporting business and industry to prosper in a low carbon economy, please visit NSW Climate and Energy Action.External Link
We can provide tailored information and data, including market intelligence, on our priority sectors.
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.
We offer curated introductions and virtual visit programs to help you identify local partners, distributors, industry stakeholders and service providers.
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.
Our Business & Skilled Migration Program is highly supportive of NSW’s growing tech industries and precincts. The program attracts new and emerging digital technology capabilities and skills, provides visa and migration advice to businesses, and nominates high potential migration candidates to live and work in NSW.
These initiatives have spurred the growth of digital technology businesses across the state and are available to all organisations considering investment opportunities in NSW.
Events
- World Hydrogen SummitExternal Link (Rotterdam, 9-11 May 2023)
- Energy NextExternal Link (Sydney, 18-19 July 2023)
- Asia-Pacific Hydrogen SummitExternal Link (Sydney, 26-27 October 2023)
Contact us
Contact us today to find out more about investment opportunities in New South Wales.