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Low cost solar technology gets funding boost

A new funding round from the Australian Renewable Energy Agency (ARENA) will provide up to $40 million to support ultra low cost solar. Funding will advance the research and commercialisation of solar photovoltaic (PV) technology. This will help deliver ‘Solar 30 30 30’ – the Australian Government’s target of 30% module efficiency and a cost of 30 cents per installed watt at utility scale by 2030.

Solar is one of 6 priority technologies in the Australian Government’s . Reducing the cost of solar PV generation is critical to unlocking the potential of other low emissions technologies.

Expressions of interest open on 7 February and close 11 April 2022.

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