Australia’s national science agency CSIRO and the Maritime and Port Authority of Singapore (MPA) have issued a grant call for proposals for the Australia-Singapore Low-Emissions Technologies (ASLET) initiative.
Courtesy of MPA Singapore
As informed, under the initiative, the partners aim to accelerate towards a net-zero emissions future while delivering bilateral economic benefits. The ASLET is supported by the governments of Singapore and Australia.
The objectives of the ASLET grant opportunity are to provide funding to projects that will contribute to the reduction of the costs of using low-emission fuels and technologies, including clean hydrogen and its derivatives, and ammonia in maritime and port operations.
This is to be achieved through developing technology and infrastructure at ports to accommodate the adoption of low-emissions fuels.
Company projects can be supported up to 30% (for non-SMEs) or up to 50% (for SMEs) of project grant from the MINT fund for qualifying items, according to MPA Singapore.
Through this contribution, Australia and Singapore want to achieve reduced emissions in both countries.
Successful applicants will be notified in early 2025 and projects must be completed by June 30, 2027.
MPA Singapore recently joined forces with Japanese company NYK to accelerate maritime decarbonization, digitalization, and manpower development efforts, including the promotion of the safe use of marine fuels.
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Source: Offshore energy
