ARENA has opened the first phase of its one-billion-dollar Solar Sunshot program to support innovation in Australia’s photovoltaic (PV) manufacturing industry.

Solar Sunshot was announced by the Australian Government in March and the program guidelines have been designed following a period of extensive consultation.

“Solar electricity will be the foundation of Australia’s future energy supply and the key to our net zero and renewable energy superpower ambitions,” ARENA chief executive Darren Miller says.

“The demand for solar required to meet our net zero and renewable energy superpower goals is immense, and Australia has the opportunity to build resilience and unlock long-term economic opportunity.”

Two Funding Rounds have been launched with a total of $550 million available. Round 1A aims to support PV manufacturing innovation with a focus on modules, inputs to modules and deployment systems with an allocation of $500 million.

Round 1B will provide funding for PV manufacturing studies, including feasibility and engineering studies from a $50 million pool.

ARENA expects to announce future funding rounds under the Solar Sunshot Program in mid-2025.