Tindo Solar, the country’s only manufacturer of PV panels, has warned Australia must move quickly if it is to capitalise on the manufacturing opportunities presented by the global clean energy transition or risk being left behind.
Data from the International Energy Agency (IEA) shows the world added nearly 510 GW of renewable energy capacity in 2023 – a 50% increase on 2022. The agency has predicted that global renewable capacity will reach 7,300 GW by 2028, driving massive demand for of clean energy technologies including solar panels, wind turbines, and battery energy storage systems.
A panel of industry experts convened on day one of the Smart Energy Expo in Sydney acknowledged the scale of the transition from coal-dominated to renewables-dominated generation presents enormous opportunities for an Australian manufacturing industry.
Tindo Solar Chief Executive Richard Petterson however said it is…
