Saturday, March 7, 2026

Aussie steelmaker BlueScope gets grant for clean energy manufacturing

March 15 (Renewables Now) – Australia’s BlueScope Steel Ltd (ASX:BSL) on Tuesday announced the receipt of a grant that will support clean energy manufacturing such as the fabrication of wind towers and components for solar farms.The AUD-55.4-million (USD 40m/EUR 36m) Modern Manufacturing Initiative grant, awarded by the Australian government, will allow BlueScope and its partners Keppel Prince, Bisalloy and the University of Wollongong to invest another AUD 161.6 million to set up an Advanced Steel Manufacturing Precinct at Port Kembla Steelworks in the Illawarra region on New South Wales.As part of the initiative, a new facility will be constructed for the production of components for the renewable energy, defence and other sectors, the company said. The plans also include upgrades of BlueScope’s Plate…

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