Government extends $45m of funding to Australian solar scientists over next 8 years

Research to focus on more efficient and durable solar cells, increasing manufacturing capacity and a shift to more abundant and cheaper metals

The Albanese government has extended funding for Australia’s world-leading solar energy scientists as they race to increase panel efficiency and shift to more abundant materials, before constraints on silver and other metals hobble the industry’s growth.

The Australian Renewable Energy Agency will announce on Friday it will grant $45m over the next eight years to the University of NSW-based Australian Centre for Advanced Photovoltaics. Most of the money will be spent within the first five years.

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