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(EMAILWIRE.COM, December 21, 2012 ) San Francisco, CA -- The Australian Federal Government has recently announced that it will be partnering six Australian universities and the CSIRO with the US department of energy in an eight-year project to improve technology and lower the cost of solar power.
According to Australian Energy Minister Martin Ferguson, the $83 million investment in solar power is the largest ever:
“The funding will see the establishment of two strategic research initiatives, the $33 million US-Australia Institute for Advanced Photovoltaics and the $35 million Australian Thermal Research Initiative,” said Ferguson. “The initiatives will accelerate solar technology development faster than either country could do working alone.”
According to Martin Green, director for the US-Australian Institute for Advanced Photovoltaics, Australia has been the world leader in development of better and less expensive photovoltaics, which is the leading technology used in the majority of solar panels.
Australia is essentially providing the technology that has driven down the price of solar dramatically in the past four years,” said Green. “We will be looking at ways at taking (photovoltaic) efficiency well beyond 25%, perhaps to something like 40%.”
Wes Stein, manager of CSIRO National Solar Energy Center, said that Australian research is creating better storage for solar-thermal power and smaller-scale technologies, which are driving down the costs saying, “I would see solar-thermal being one of the lowest-cost forms clean energy in the world in about 10 years’ time.”
On the other side, Matthew Wright, executive director of Beyond Zero Emissions, said that the project needs to look at real-world applications to compete with other world clean energy leaders, most notably China.
“While we are busy with a bunch of nerds in the lab, (China) has got their nerds in the lab complemented by real commercial deployment, and that’s how you advance an industry and create a renewable sector,” he said.
US ambassador Jeffrey Bleich welcomed the partnership saying, “We see the world the same way, we see the challenges in this region the same way.”
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Source: EmailWire.com
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