Australia initiates $1bn SunShot Solar Program to secure a solar manufacturer, as global solar industry aims for $2 trillion value by 2030.
The global solar industry, with its roots in Australian technology, is growing rapidly, aiming to install as much solar generation capacity by 2030 as in the previous 50 years. By the end of the decade, it could be worth $2 trillion. The Albanese government has initiated the $1 billion SunShot Solar Program to secure at least one solar manufacturer, marking a positive start for Australia to claim its share of the solar industry.
April 28, 2024
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