ARENA Launches AUD 100 Million Solar ScaleUp Challenge to Drive Global Innovation

Credit: Unsplash/APPA

The (ARENA) unveiled its ambitious ScaleUp Challenge on Wednesday, a AUD 100 million (USD 66.7 million / EUR 62 million) initiative aimed at catalyzing innovation to slash costs across the lifecycle of solar projects.

Open for an eight-week period, the challenge invites participants worldwide—from innovators and financiers to project developers—to propose groundbreaking solutions that enhance the affordability of solar installation, operation, and maintenance.

See also: ARENA Supports APA Group and Wesfarmers in Feasibility Study for Western Australia Green Hydrogen Project

Managed by Greenhouse Tech through an online platform facilitating collaboration among diverse teams, the competition seeks submissions leveraging cutting-edge technologies such as robotics, automation, advanced analytics, and artificial intelligence. Successful proposals stand to secure grant to advance their projects.

According to ARENA CEO , the challenge aligns with Australia's broader ambitions, particularly under the AUD 1 billion Solar Sunshot Programme. This initiative aims to bolster domestic solar manufacturing and commercialize local innovations, positioning Australia as a global leader in renewable energy technology.

See also: Reactive Technologies receives funding from ARENA for real-time inertia measurement trial in Victoria

“Ultra low-cost solar is critical for reducing electricity costs and decarbonizing hard-to-abate sectors such as industry and transport,” Miller emphasized. “It is also a key factor in Australia becoming a renewable energy superpower, supplying low emissions products like green iron and hydrogen to international markets.”

The Solar ScaleUp Challenge underscores ARENA's commitment to driving sustainable energy solutions and fostering global collaboration to accelerate the transition towards a cleaner, greener future.

Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Keep Up to Date with the Most Important News

By pressing the Subscribe button, you confirm that you have read and are agreeing to our Privacy Policy and Terms of Use