Objectives
GIDI: Industrial supports medium to large businesses, that use process heat powered by fossil fuels, to reduce their carbon emissions and transition to renewable energy.
Eligibility
- Open to all New Zealand-based and NZBN registered private sector businesses.
- Co-funding is limited to a maximum of 50% of eligible project costs.
- Total project costs must be at least $300,000.
- Applications must be for the incremental capitalised project costs, not operating costs.
EECA is not making new financial commitments or entering into contractual arrangements related to the GIDI Fund at this time. Check back for updates.
What kind of project is it for?
- The fund aims to help businesses accelerate energy efficiency and fuel switching projects and encourages innovation by supporting early adopters of technologies that demonstrate wide replication and emissions reduction potential.
- Projects that reduce or enable the reduction of energy use and/or carbon emissions of existing industrial processes, through energy efficiency, fuel switching (e.g. from coal to biomass or electricity) to a renewable energy supply, or other decarbonisation approach.
- Projects that use commercially available and proven technologies.
- New technologies must meet minimum specifications (see details below).
- The project must be delivered in New Zealand, and be fully commissioned and operational by 31 December 2027.
Clever GIDI project reduces emissions at Whakatane Mill
From the brink of closure to a bright new future for Bay of Plenty business.
Application process
*Note that we are currently not processing new applications.
To apply, complete the online form. Please take the time first to carefully read and understand the GIDI: Industrial Applicant Guide and other application documents linked below. The guide includes information about how our decision-making process works, when you can expect to hear from us about your application, and what your funding agreement would cover.
Application documents
Business Case Checklist [PDF, 341 KB]
Proposed Funding Agreement [PDF, 1.1 MB]
Financial Assessment Template [XLSX, 228 KB]
For any queries about the application process, please email GIDIFund@eeca.govt.nz
Applicant briefing webinar
45 mins
Watch the briefing session for interested applicants to get further insight into the application process and how to prepare. This webinar was held on 6 July 2023.
Minimum technology specifications
EECA’s Publicly Available Specifications (PAS), produced by Standards New Zealand, provide best-practice specifications for non-regulated products. Applications for projects involving high-temperature heat pumps or biomass boilers must check the relevant PAS to ensure their applications align with the minimum specifications.
FAQs
See our frequently asked questions about GIDI: Industrial below. More detailed FAQs for applicants are available to download here: