solar sunshot

Australia will return AU$1.3 billion in uncommitted funding from clean energy manufacturing programmes as part of broader budget savings.

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 announced that three companies will receive AU$45.5 million (US$29.5 million) in funding through the Solar Sunshot Program.

The New South Wales government has announced AU$26.2 million in funding for several Australian solar PV and battery initiatives.

Prefabricated solar structure provider 5B has become the first recipient of the Australian government’s AU$1 billion Solar Sunshot Program, securing up to AU$46 million for its “Maverick” automated solar deployment system.

The United States Studies Centre (USSC), a think tank based at the University of Sydney, has said that Australia has an opportunity to “fill niche gaps in the global solar supply chain” but risks relying on Chinese imported goods.