Solar module manufacturers will start competing for their share of $1 billion in production subsidies within months, with funding expected to flow from mid-2026 to help meet a 10 fold increase in demand for solar energy.
Consultation on the proposed design of the Solar Sunshot program began on Tuesday before round one opens to applicants in early August. The Albanese government is targeting the end of the year for a decision on who receives the subsidies, which will flow for a decade from financial year 2026-27.
The 10-year support period for solar module manufacturers will have a “fixed sunset date irrespective of individual project timelines”.
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