12.13.17
Greatcell Solar Limited has finalized and signed a funding agreement with the Australian Renewable Energy Agency (ARENA) for a $6 million grant under the Advancing Renewables Program (ARP). The grant supports a Perovskite Solar Cell Technology - Large Area Module Development Project enabling Greatcell Solar to remain at the forefront of commercializing the exciting, third generation photovoltaic (PV) technology.
The grant assists Greatcell to accelerate its scale-up and prototyping activities that are absolutely critical to its commercialization path objectives, and demonstrates the importance of ARENA in supporting the development of renewable energy technology in Australia.
The grant will assist in developing a world-class prototype facility in Australia for the fabrication of high quality, large area, current generation and next generation perovskite devices, an essential prerequisite to large scale manufacture.
“Securing the ARENA grant is a vital step in the relentless drive to establish Perovskite Solar Cell PV as a key technology in the renewable energy mix,” Richard Caldwell, Greatcell Solar managing director, said. “Above all, the technology is cost competitive with both fossil fuels and alternative renewable energy sources.”
The grant assists Greatcell to accelerate its scale-up and prototyping activities that are absolutely critical to its commercialization path objectives, and demonstrates the importance of ARENA in supporting the development of renewable energy technology in Australia.
The grant will assist in developing a world-class prototype facility in Australia for the fabrication of high quality, large area, current generation and next generation perovskite devices, an essential prerequisite to large scale manufacture.
“Securing the ARENA grant is a vital step in the relentless drive to establish Perovskite Solar Cell PV as a key technology in the renewable energy mix,” Richard Caldwell, Greatcell Solar managing director, said. “Above all, the technology is cost competitive with both fossil fuels and alternative renewable energy sources.”