International community is committed to solar energy

Australia and Germany to advance solar technologies. Collaboration deal will pool both countries’ resources to accelerate the pace of technology development and reduce costs.

Solar energy capture technologies could become significantly cheaper and more available in coming years, thanks to a collaboration agreement signed this week between Australia and Germany.

According to the Minister for Resources and Energy, Martin Ferguson, the fact Australia had the highest average solar radiation per square metre of any continent in the world meant solar power had the potential to significantly contribute to Australia’s energy supply.
However, the high costs of the technology remained a strain on availability and viability for commercial-scale deployments.
“Like Australia, Germany is seeking to move to lower its emissions and transition to cleaner energy sources, and it makes sense to pool our resources and by doing so accelerate the pace of technology development and reduce costs,” he said in a statement.