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The Australian Renewable Energy Agency (ARENA) and Regional Development Australia (RDA) ACT signed a three-year Funding Agreement (6 August 2014), that supported the establishment of the SERREE Industry Cluster in the south east NSW and ACT region, a regional exemplar of renewable energy industry excellence, with a global footprint.

RDA ACT is the cluster funding administrator of the SERREE initiative on behalf of partner organisations who have committed additional financial support including the NSW and ACT Governments, RDA Southern Inland, and corporate members drawn from the region's business and industry sectors.