Funding boost for solar industry
The Australian Solar Institute (ASI) has launched a grants program for solar energy innovations, starting with a first round worth $1 million for basic research and up to $5 million for applied research.
Earlier this week, Minister for Resources and Energy Martin Ferguson met with the ASI board and welcomed the program.
“Supporting research and development in both photovoltaics and concentrating solar thermal is fundamental to building Australia’s expertise and capacity in this industry,” he said.
“Australia has the potential to be a world leader in the development of solar energy. As well as benefitting the environment, there are huge business opportunities and significant export earnings.”
First round applications close on October 16, 2009. See www.australiansolarinstitute.com.au for more information.