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).
The Australian Renewable Energy Agency (ARENA) has committed AU$25.3 million (US$16.53 million) in funding to support PV cell technology startup SunDrive Solar's continued development of copper-based solar cell technology.
The Australian Renewable Energy Agency (ARENA) will invest up to AU$45 million (US$29 million) in Fortescue's Solar Innovation Hub in the Pilbara region of Western Australia.
The Australian Renewable Energy Agency (ARENA) has announced that three companies will receive AU$45.5 million (US$29.5 million) in funding through the Solar Sunshot Program.
The Australian Renewable Energy Agency (ARENA) has announced a new AU$60 million (US$39.4 million) funding round to bolster R&D efforts to achieve ultra-low-cost solar.