Energy giant AGL and tech company SunDrive, backed by billionaire Mike Cannon-Brookes, are exploring the establishment of a cutting-edge solar panel manufacturing facility at the decommissioned Liddell coal-fired power station site.
Transitioning from Coal to Solar
After AGL ceased operations at the Liddell generator last year, the company aims to repurpose the site for renewable energy initiatives. This move aligns with AGL’s broader strategy to transform its coal-fired power stations into low-carbon energy hubs, focusing on renewable energy generation and green technology manufacturing.
Partnership for Renewable Energy Future
Cannon-Brookes, a major shareholder in AGL, has been instrumental in pushing for clean energy initiatives. His investment vehicle, Grok Ventures, supports SunDrive, a startup specializing in solar technology. SunDrive’s innovative approach, including patented technology that utilizes copper instead of silver in solar cells, promises cost efficiency and sustainability.
Australian-Made Solar Innovation
SunDrive’s successful development of highly efficient solar cells positions it as a key player in the solar energy market. Collaborating with AGL, a leading solar distributor and installer, SunDrive aims to bring Australian-made solar technology to rooftops nationwide.
Economic Opportunities and Government Support
AGL’s plans for the Hunter Energy Hub at Liddell and Bayswater power stations have received support from Prime Minister Anthony Albanese. The establishment of a solar manufacturing industry in the NSW Upper Hunter region could create new job opportunities and support economic transition efforts.
Government Initiatives to Boost Solar Manufacturing
Prime Minister Albanese’s announcement of a $1 billion fund to stimulate Australia’s solar panel industry underscores the government’s commitment to renewable energy and domestic manufacturing. Reviving the manufacturing sector through renewable energy investments aligns with Australia’s transition towards a sustainable and green future.
Source：theage.com.au
