Australia has a golden opportunity to expand its solar energy manufacturing capacity as the industry booms and nations scramble to cut their over-dependence on China, a report by the Australian Australian PV Institute Institute says.
The country is installing 4GW of solar photovoltaic (PV) capacity a year already but meeting just 3% of that from a local supplier, Adelaide’s Tindo Solar. That annual installation tally, though, is predicted to triple by 2050, particularly if Australia becomes a major supplier of hydrogen produced by renewable energy for export.