Tuesday 9th March 2010
by R&D Info
Australia’s solar energy industry has signed a Memorandum of Understanding with leading European solar researchers.
The signatories to the MoU are the Australian Solar Institute and the Fraunhofer Institute, Europe’s largest research institution.
The agreement provides a platform for a wide range of research to strengthen the development and deployment of solar energy technology, including joint R&D projects, information sharing and support for skills development.
The Federal Government has committed $100 million over four years to the Australian Solar Institute.
The Fraunhofer Institute has 17,000 employees and 60 institutes. It has an annual budget of more than €1.5 billion with two-thirds earned through industrial and publicly funded projects.