Generators and Off Grid Energy (GenOffGrid), a company working to replace diesel consumption with remote energy systems across Northern Australia, has secured a $3 million Business Concessional Loan through the Northern Territory’s Local Jobs Fund (NTLJF).
The $3 million funding will enable the company to move its headquarters from Western Australia to East Arm in Darwin and expand and install more microgrids across remote and Northern Australia.
Founded in 2017, GenOffGrid pioneered a deployable solar power station concept that reduces diesel fuel burn in off-grid applications by up to 94 per cent.
The systems are already installed in several remote locations across the Northern Territory and Western Australia, including Dry River Station, Melaleuca Station, Ormiston Gorge Rangers Station, and Berkeley River Lodge on the remote North Kimberley coastline.
The company established a presence at East Arm in 2019, and will officially move its headquarters from February 2024.
Through the move, GenOffGrid aims to save on trucking costs through NT’s import and export facilities.
“Darwin is a strategic location for us as we will have access to import and export facilities that will reduce our trucking cost substantially for inbound goods and give us a regional competitive advantage for the neighbouring island countries,” said John Davidson, director of GenOffGrid.
The move will create 20 jobs over the next two years and contribute approximately $122 million to GSP by 2029, the NT government said in a media release.
The NTLJF, which was launched in 2019, has approved more than $61 million in funding to 15 successful business applicants, which are expected to create more than 880 new roles over the next five years.
“Territory Labor will keep doing the hard work as we push towards our target of 50 per cent renewables by 2030 and net zero emissions by 2050 – while also keeping power prices down for Territorians,” said Chief Minister Eva Lawler.
“We are working towards our target of net zero emissions by 2050 and this Local Jobs Fund loan will play a significant role in achieving this,” Minister for Renewables and Energy Kate Worden said.
“GenOffGrid will help us deliver more renewable energy solutions for Territorians,” she added.
