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Australia fosters PV innovation with $174 million fund

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Australia fosters PV innovation with $174 million fund

Targeting equipment, manufacturing processes and deployment technologies, the Australian Renewable Energy Agency (ARENA) has opened the AUD 250 million ($174 million) Solar Sunshot Round 3 inviting Australian and international companies with commercially mature technologies to apply.

Round 3 is focused on the commercial-scale manufacture of solar balance of plant and deployment technologies, which could include racking and tracking systems, robotics, advanced automation, prefabrication and other technologies, and which must contribute to achieving ARENA’s ultra low-cost solar (ULCS) goals, such as the 30-30-30 target to achieve 30% module efficiency at an installed cost of 30 cents per watt by 2030.

ARENA General Manager Solar Dan Sturrock told pv magazine Round 3 signals Australia is open for business with the world’s best solar innovators that want opportunities to develop or manufacture products at scale in Australia. 

“We think the next decade is a really exciting time to bring the best innovation from around the world here to Australia and show those products can be produced at scale to drive down the costs and increase the efficiency of how we build large-scale solar in Australia,” Sturrock said.

“We’re coming out now with Round 3 to be able to extend the ambition already demonstrated through Rounds 1 and 2.



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