Tindo Solar plans $100m solar PV panel gigafactory
Australia’s only manufacturer of solar PV panels, Adelaide’s Tindo Solar has announced ambitious plans for a solar PV gigafactory which could produce a third of Australia’s demand for solar panels.
The plan, which would be dependent on support from a state government and backing from the Australian Renewable Energy Agency and the $15 billion National Reconstruction Fund, follows the opening of Tindo’s state of the art 150MW factory in April 2022.
A gigafactory could produce up to 1.9 million panels annually and be completed within two years for a cost of around $100 million according to the company.
While aluminium and electronic components could more easily be sourced locally, glass is an issue as Australia has only one manufacturer of sheet glass.
Tindo is eyeing land in Queensland and NSW for the project and said it had letters of intent from potential purchasers.
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