The Australian Renewable Energy Agency (ARENA) has launched a third round of its Solar Sunshot programme, offering up to AU$250 million (US$175 million) to companies that manufacture or demonstrate equipment for building large-scale solar PV power plants in Australia.
Australia's installed cost of utility-scale solar has not fallen at the pace required to reach the country's “ultra-low-cost solar” (UCLS) ambitions, despite continued progress in cell and module efficiency.
The Australian Renewable Energy Agency (ARENA) has committed an additional AU$95.4 million (US$66.8 million) in funding to the Australian Centre for Advanced Photovoltaics (ACAP), extending the research programme's operations to 2033.
Australia's utility-scale solar sector must halve generation costs to around AU$25-30/MWh (US$18-22/MWh) to unlock a pipeline of projects capable of delivering the 10GW of annual capacity additions needed for decarbonisation, according to the Australian Renewable Energy Agency (ARENA).
The 26GW Australian Renewable Energy Hub (AREH) in Western Australia has secured AU$21 million (US$14.71 million) in funding from the Australian Renewable Energy Agency (ARENA) to advance large-scale hydrogen production capabilities that will support green iron manufacturing in the Pilbara region.
The Australian Renewable Energy Agency (ARENA) has announced up to AU$151 million (US$98 million) in conditional funding for Sunman Energy to establish a 500MW per annum solar module manufacturing facility in the Hunter Valley, New South Wales (NSW).
