ARENA has signed 20 research projects in total amounting to A $ 29.2 million to promote photovoltaic technology as part of an Australian government-sponsored initiative by the University of New South Wales, Australian National University, Mo. The research team at Nash University and the CSIRO received funding. ARENA's third round of research and development funding was used to support earlier studies that cut costs and improve the efficiency of photovoltaics.
Many of these projects focus on crystalline silicon technology, as most solar panels are currently made from silicon. Other project studies have used new materials to develop solar cells - such as organic solar cells and perovskites.
Industrial partners and relevant agencies from Asia, Europe and the United States also contributed to the project. The total value of the project is about A $ 102 million.
Ivor Frischknecht, CEO of ARENA, said, "Australia is at the forefront of solar PV research and development in the world and has made breakthroughs in the projects it invested in the past five years to enable solar PV to compete with wind power and we look forward to further development."
"In this round of funding, the level of candidates is high, and in fact we have raised our total investment to nearly $ 30 million." The research will improve the technical and commercial sophistication of new inventions for solar photovoltaic cells and modules, consolidating Australian solar energy Photovoltaics is a global leader and addresses Australia's unique issues. "