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 Euros with two-thirds earned through industrial and publicly funded projects.
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