Additional $1.66 Million ARENA Grant For SA1
| Stock | Delorean Corporation Ltd (DEL.ASX) |
|---|---|
| Release Time | 22 Jun 2026, 8:14 a.m. |
| Price Sensitive | Yes |
Delorean Receives Additional $1.66 Million ARENA Grant
- Additional $1.66 million grant from ARENA for SA1 project
- Total ARENA support now $7.74 million
- Upgrades include biomethane, wastewater treatment, and CO2 recovery systems
- Project expected to deliver renewable gas and economic benefits
Delorean Corporation Ltd has been awarded an additional $1.66 million grant from the Australian Renewable Energy Agency (ARENA) for its SA1 Salisbury bioenergy facility. This brings the total ARENA funding for the project to $7.74 million. The additional funding will support project scope refinements, including upgrades to biomethane production, wastewater treatment, and CO2 recovery systems. The SA1 project, located in Edinburgh Parks, South Australia, is currently under construction and aims to produce renewable natural gas and provide long-term environmental and economic benefits.
The additional funding is expected to support the project's progression and help achieve its objectives of producing and upgrading biogas into mains-grade biomethane and biogenic CO2.