THE HON MARK DREYFUS QC MP
Cabinet Secretary
Parliamentary Secretary for Climate Change and Energy Efficiency
Parliamentary Secretary for Industry and Innovation
Media Release
FEDERAL GRANT FOR SYDNEY SEMICONDUCTOR MANUFACTURER TO CUT ENERGY USE, REDUCE POLLUTION AND SAVE TENS OF THOUSANDS OF DOLLARS
Technology company, Silanna Semiconductor, which makes microelectronic circuits for space and defence satellites, deep-space probes and mobile phone infrastructure, has been awarded a Federal Government grant worth nearly a quarter of a million dollars to reduce its energy use and cut carbon emissions intensity by more than 21 per cent.
"Just as importantly, this $235,950 grant from the Federal Government's Clean Technology Investment Program will help Silanna Semiconductor save $60,000 every year on its energy bills," said Mark Dreyfus, Parliamentary Secretary for Climate Change, Energy Efficiency, Industry and Innovation.
The company will implement five measures to reduce energy consumption. This includes upgrades to lighting systems for the site, replacing an existing air-cooled chiller with a water-cooled unit and making improvements to the existing Power Factor Correction unit.
"The $1.2 billion Clean Technology Program is helping businesses all over Australia with practical assistance to become more energy efficient and therefore more profitable, competitive and sustainable," said Mr Dreyfus.
"The grant funding is on a 1:1 ratio basis - this means Silanna Semiconductor will at least match the Government's grant with a sizable investment of its own.
"This is an outstanding example of an innovative local company using support from the Australian Government to transform its operations and help secure its future," said John Murphy, Federal Member for Reid.
For more information about the Clean Technology Investment Program, the Clean Technology Food and Foundries Investment Program and the Clean Technology Innovation Program, businesses can contact AusIndustry on 13 28 46 or visit the website http://www.ausindustry.gov.au/.
THURSDAY, 9 AUGUST 2012
