Renewable Energy Company to move Headquarters to Darwin
A company working to replace diesel consumption with remote energy systems across Northern Australia is the latest recipient of the Northern Territory’s Local Jobs Fund (NTLJF).
Generators and Off Grid Energy Pty Ltd (GenOffGrid), which was founded in 2017, has developed a deployable solar power station concept that reduces diesel fuel burn in off-grid applications by up to 94 per cent.
The systems have been designed and tested successfully, and 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.
GenOffGrid has received a $3 million Business Concessional Loan through the LJF, which will support the relocation of the company’s headquarters from Western Australia to East Arm in Darwin and expand, and install more microgrids across remote and Northern Australia.
GenOffGrid are moving to the Territory due to our import and export facilities that reduce trucking costs, giving them a competitive advantage, while also being close to South-East Asia.
GenOffGrid Director, John Davidson said 'We build remote solar power stations in the Northern Territory and Northern Western Australia and we are very pleased to be supported by the NTLJF to assist us in strengthening our investment and fast-tracking our go-to market strategy from our East Arm facility.
'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 Mr Davidson.
The project is expected to create 20 jobs over the next two years, with an estimated $122 million contributing to GSP by 2029.
Since its inception in 2019, the Local Jobs Fund has approved more than $61 million in funding to 15 successful business applicants, which is expected to create more than 880 jobs over the next five years and forecast to contribute over $1 billion to the Territory’s economy.
GenOffGrid established a presence at East Arm in 2021, and with the help of the LJF loan, will officially use this location as their headquarters from February 2024.