The Australian Renewable Energy Agency has awarded $41.5 million in funding to researchers from three universities to slash the price of solar energy.
ARENA CEO Darren Miller stated the funding will go to a few of Australia’s main photo voltaic researchers on the University of NSW, the Australian National University and the University of Sydney.
Announcing the funding for 13 analysis and improvement tasks on Wednesday, he stated Australia’s photo voltaic researchers have helped to make it the most affordable type of power in historical past.
“But to create a future in which Australian solar energy supplies the world with clean power, fuels and products, we need to be ambitious and drive the cost of solar even lower,” Mr Miller stated.
Cells and modules get $27.5 million in funding, whereas analysis to enhance methods, operations and upkeep of grid-scale scale photo voltaic will get $14 million.
Projects embody display screen printing of business photo voltaic cells and using robotics to rollout and preserve photo voltaic fields.
Minister for Climate Change and Energy Chris Bowen stated Australia has been a world chief on photo voltaic photovoltaic analysis for many years.
“The same universities that blazed the solar PV trail will step up again to help get utility-scale technology off the ground and help transform Australia into a renewable energy superpower,” he stated.
ARENA’s “Solar 30 30 30” purpose is to extend photo voltaic panel effectivity to 30 per cent – changing 30 per cent of photo voltaic power into usable power – and to decrease era value to 30 cents a watt by 2030.
Ultra low-cost photo voltaic might unlock commercially viable manufacturing of liquid hydrogen as a substitute gas and energy new heavy industries, together with low-emission metal and aluminium.
