The Australian Government announced last week that CSIRO would be leading a new solar research initiative worth over $87 million AUD, an initiative which aims to lower the cost of solar thermal power from 25 cents a kilowatt hour down to 10 cents/kWh.
CSIRO is set to partner with six Australian universities as well as the United States Department of Energy’s National Renewable Energy Laboratory (NREL), Sandia National Laboratories, and Arizona State University.
Their goal is simple: create solar technology capable of delivering cheap, zero emission solar energy for the benefit of Australia, and the world.
The initiative was made possible thanks to a $35 million contribution from the Australian Solar Institute and Australian Renewable Energy Agency, which are hoping to keep Australia at the leading edge of global solar research.
Click here to read the story.