The Australian Renewable Energy Agency (ARENA) has announced up to $45 million in funding to the Australian Centre for Advanced Photovoltaics (ACAP). This will extend operations of the cutting-edge solar PV research hub to 2030.
Delivered by the University of New South Wales (UNSW) School of Photovoltaics and Renewable Energy Engineering, ACAP includes research groups at:
- Australian National University
- University of Melbourne
- University of Queensland
- University of Sydney
- Monash University.
The research supports ARENA’s ambitious goal to improve solar PV cell efficiency to 30% and reduce the cost of installation of solar modules to 30 cents a watt by 2030.
ACAP has a strong record of industry partnerships, fostering the spin-out of Australian companies such as Open Instruments, Solar Vision, Solar Cycle and SunDrive, and partnering 5B, Sun Cable, Bluescope and Raygen.
UNSW Professor Martin Green said, ‘The next decade promises to be the most exciting and important in solar PV ever, with massively increased uptake and technological change.’
ARENA announcement ARENA