Government support for solar energy continues

7th Mar 2013

It's a day for good news in the solar energy world, with the Australian government announcing its investment in developing more competitive and cost effective solar photovoltaic panels.

The federal government is partnering with Melbourne's Semitech Semiconductors and granting $1.86 million to develop a single-chip micro-inverter for solar panels.

This technology will transform solar panel systems into integrated circuits that will be able to perform smart grid communication.

Use of this micro-inverter in a solar panel system will increase the generated power by up to ten per cent.

As we posted earlier this week, Australia has been experiencing a solar boom with 1.5 million households having rooftop solar panels, providing 2.2 gW of peak capacity.

With increased efficiency and a lower cost, solar panels would likely become an even more attractive option.

The grant to Semitech Semiconductors is part of the government's Clean Technology Innovation Program to boost the development and usage of clean technologies, which is funded by returns from the carbon pricing tax.

"The global clean energy market is growing rapidly and it is important that Australian innovations are commercialised so we can export our expertise to major markets including China and the United States," said Greg Combet, minister for climate change and energy efficiency.

However with a federal election upcoming in September and the opposition leading in the polls, the future of the carbon tax is uncertain.

Tony Abbott has said to Nine's Today television show on March 4 that he will cut the carbon tax if his party is in power, creating uncertainty about its future, as well as the future of other renewable energy schemes. 

However, cutting the carbon tax may be met with some resistance, as a report titled Taxing Energy Use from the Organisation for Economic Co-operation and Development (OECD) states its support for Australia's carbon pricing mechanism, saying it has been particularly effective and is a model for other countries.

Posted by Mike Peacock

All solar power news categories

Government Rebate & Regulations
Solar Power & Technology

More Solar Power & Technology

Australia to be a part of huge Asian renewable energy growth
SunPower steps up to make solar more affordable
Canberra makes strides toward carbon neutrality
GTM puts solar's massive growth in perspective
Examining Australia's falling solar PV rooftop prices
Australia's shift toward renewable energy picks up the pace
Australia shines at solar decathlon
University of Queensland tapped as lead researcher on massive solar project
100 per cent renewable energy is possible in 10 years, environmental group says
Climate Commission releases report on solar progress
Aussie government actually shows spine for solar power
Be gone, skeptics: One million solar installations and counting
Australia embarks on its greatest solar journey ever
Australia looks to solar thermal for commercial success
Solar power helps King Island reach 100% sustainability
Australians 'heavy supporters of solar power'
Mildura solar plant officially unveiled
Solar power trumps other renewables in Australian minds
Sunshine Coast solar farm "fantastic initiative"
Sunshine Coast cashes in on namesake with solar plans
Energy storage 'could maximise solar power utility'
Solar powered family car - a world first?
Code of conduct for solar installers in the works
'Stop punishing households' for solar PV
Australian solar companies 'adjusting well'
Australian mining 'next solar frontier'
"Rooftop revolution" underway across Australia
Global PV market emerging from sluggish period
Royalla solar farm receives final approval
Leadership challenge a "debacle" for Australian solar power
Solar power giving global renewables a helping hand
Australia's largest CPV solar power plant up and running
Renewable energy misinformation "staggering"
CEC: Don't underestimate consumer desire for solar
Setting energy efficient examples on TV
Solar PV brightening up household bills
World's largest solar powered boat on the move
Climate change is heating up
The global solar power shift
New solar tech win for NSW
Industry orgs praise City of Sydney solar efforts
Clean Energy Council supports Regional Renewables scheme
Asian nations emerging as PV leaders
Solar PV demand continues to grow
Regional areas of Australia to receive more renewables
Australia's significant renewable energy growth
Solar panel reprieve for Queensland
New funding for solar research
Find love with sustainable speed dating
New Victorian solar power deal
 To get your quotes, please enter your postcode: