Energy Minister, Martin Ferguson, has announced more than $83 million for solar research funding as part of a collaborative effort between Australia and the United States.
In the eight year collaboration, CSIRO will partner with six Australian universities and the United States’ Department of Energy’s National Renewable Energy Laboratory, Sandia Corporation and Arizona State University. The goal of the collaboration is to develop solar technology to supply zero emission, secure energy at a cost of around 10 cents per kilowatt hour. (Solar thermal power currently costs about 25 cents per kilowatt hour.)
CSIRO will also be part of a number of other projects, including the US‐Australia Institute for Advanced Photovoltaics, the micro-urban solar integrated concentrator centre and the “active participation in the distributed energy market” project.