Australia invests A$1 billion in solar manufacturing for energy security
The Conversation — March 28, 2024, 07:00 AM UTC
Summary: The Australian government plans to invest A$1 billion in solar manufacturing to boost energy security, create jobs, and reduce reliance on imports. The initiative aims to meet 20% of current solar demand, create 750 jobs, and establish a domestic supply chain for solar panels. Australia's goal is to substitute imports and contribute to the global shift towards renewable energy. The plan includes steps to gradually build local manufacturing capabilities.
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