The sun is shining brightly on the Australian Centre for Advanced Photovoltaics, which has landed a $95.4 million boost from ARENA to help extend its world-leading research program out to 2033.

The Australian Centre for Advanced Photovoltaics (ACAP) has secured AUS 94.5 million ($66.5 million) in funding from the Australian Renewable Energy Agency (ARENA) to accelerate breakthroughs in high efficiency solar cells and modules.

Advances attributable to ACAP include solar technology efficiency improvements, durability, cost of solar and the development of next-generation tandem solar cells.

ACAP Executive Director Professor Renate Egan said Australia is uniquely placed, globally, in its research leadership and its connection to industry.

“This significant investment provides a long-term research horizon and positions Australia to build on its success in developing the technologies and talent needed to deliver on next-generation solar technologies that will power a low-carbon future Australia.”