ARENA launches AU$20 million PV R&D funding round

Facebook
Twitter
LinkedIn
Reddit
Email
The agency expects to award grants of between AU$500,000 and AU$5 million for any single project. Credit: ARENA

The Australian Renewable Energy Agency (ARENA) is to provide AU$20 million (US$15 million) for its third competitive funding round for PV research and development (R&D).

The agency expects to award grants of between AU$500,000 and AU$5 million for any single project on emerging and established solar cell and modules technologies. The funding round will open from 24 May until 21 June this year.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

ARENA chief executive Ivor Frischknecht said the research would help reduce the future cost of solar PV.

“Australia has some of the best solar PV researchers in the world, and we want to build on what we’ve already accomplished. This will leverage the impressive gains already made in cost reduction and cell efficiency. And that is just the beginning. We see a future where solar cells might be on every surface,” he said.

Since 2012, ARENA has committed AU$109.3 million in funding to solar R&D projects, fellowships and scholarships – helping  to break 14 solar efficiency world records.

Earlier this month, ARENA launched a new investment plan in which it singled out PV innovation as one of its major priorities.

“By continuing to support innovation in solar PV, we believe that solar power could produce more than 30% of Australia’s electricity within 15 years,” added Frischnecht.

In related news, ARENA’s large-scale solar funding round recently saw the completion of financing for all 12 projects after NSW’s White Rock Solar Farm reached financial close. ARENA is providing almost $90 million of grant funding towards the 12 projects in NSW, Queensland and Western Australia. The funding round was critical in kick-starting Australia’s large-scale solar sector, but the industry is already seeing significant project announcements without requiring grant funding from ARENA.

Read Next

July 17, 2025
Swedish solar developer OX2 has submitted plans for a 150MW solar-plus-storage project in Queensland to Australia’s EPBC Act.
July 17, 2025
Pilecom, a mechanical installer of utility-scale solar projects, has officially started work on European Energy’s 106MW Lancaster solar PV power plant in Victoria, Australia.
July 16, 2025
Planning uncertainty and policy instability regarding renewables in Queensland have seen it slip in investment attractiveness, with New South Wales now leading Australia.
July 16, 2025
The New South Wales government has announced AU$26.2 million in funding for several Australian solar PV and battery initiatives.
July 15, 2025
Australia’s Department of Climate Change, Energy, the Environment and Water (DCCEEW) has announced plans to run four new Capacity Investment Scheme (CIS) tenders by the end of 2025.
July 15, 2025
Ingeteam has expanded its footprint in Australia by announcing it will supply the 243MWp Maryvale Solar and Energy Storage Project in New South Wales.

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico
Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 22, 2025
Bilbao, Spain
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK