A Solar Breakthrough To Power Australian Industry?

14th November 2023

The Australian Renewable Energy Agency (ARENA) has rallied industry leaders in the solar space to launch its white paper on the ‘incredible potential’ of ultra-low-cost solar (ULCS) for Australia and the world.

This report details why ultra-low-cost solar is critical for reducing electricity costs and decarbonising hard-to-abate sectors such as industry and transport, and how it can offer exciting green export opportunities for Australia.

At the forefront of the white paper is ARENA’s 30-30-30 vision: 30% solar module efficiency with an installed cost of 30 cents per watt by 2030.

ARENA sees ULCS as key to Australia becoming a renewable energy superpower. While current technology is sufficient for domestic energy use, ULCS will be critical in reducing the cost of renewable electricity for heavy industrial processes.
The main objectives for ‘The Incredible ULCS’ white paper are to:

ULCS could lead to much cheaper electricity for Australians and export opportunities to neighbouring countries, as well as support the decarbonisation of hard-to-abate sectors such as industry and transport.

Our latest articles

Supercharging Your Sustainability Credentials: Start with Measuring Your Carbon Footprint

At Cool Planet, we understand that every business’s journey towards sustainability is unique. Embarking on this path not only reflects your commitment to a healthier planet but also boosts your company’s resilience and appeal ...

Read more

Paving The Way: Sydney’s Recycled Roads

In Sydney, approximately 120,000 glass jars and over 200 tonnes of reclaimed asphalt were ingeniously utilised to rejuvenate a one-kilometre stretch along Clarence Street. Since July 2021, Sydney has used more than 1.5 million rec...

Read more

Sustainability Championed At Premier’s Awards

The organisations and individuals leading positive environmental change were recognised at the recent ‘Premier’s Sustainability Awards’ in Victoria. This prestigious annual sustainability awards program celebrates Victorian ...

Read more

Brisbane To Go Green For Golden Games

Brisbane will host the Olympic and Paralympic games in 2032, and the city will be as green as it is gold as the Lord Mayor pledges the planting of one million native plants before the opening ceremonies. Brisbane’s Lord Mayor Ad...

Read more

Sustainable Building Design

Did you know that buildings account for over 50% of electricity use in Australia and almost a quarter of its emissions? For many in the building industry, the opportunities to contribute to the decarbonisation of Australia are eno...

Read more