Australia announced new funding for R&D in solar photovoltaics. Image source: Shutterstock (#466146551)
The Australian Renewable Energy Agency (ARENA) will spend about $20 million in funding to boost the growth of solar PV research and development in an effort to make solar PV more affordable, efficient, and competitive. ARENA has previously committed $109.3 million since 2012. Ivor Frischknecht, ARENA’s CEO said,” This dedicated research and development funding for solar PV is part of our commitment to finding and supporting further breakthroughs in 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 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.”
Clean Technica
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