13
December
2012


ASI announces 8-year ASTRI funding program

The Australian Government, via the Australian Solar Institute (ASI), today announced funding for a $35 million eight-year program in the area of Concentrating Solar Power (CSP). ANU is a major partner in this new program, named the Australian Solar Thermal Research Initiative (ASTRI), which is to be led by CSIRO with the following Australian partners:

  • Australian National University
  • University of Adelaide
  • University of Queensland
  • University of South Australia
  • Queensland University of Technology
  • Flinders University
The project is funded from the ASI's United States–Australia Solar Energy Collaboration (USASEC) scheme, and also involves the following initial US collaborators:
  • Sandia National Laboratories
  • National Renewable Energy Laboratory
  • Arizona State University
The overarching goal of ASTRI is to deliver the next wave of CSP cost reductions to deliver solar electricity at between 9–12 cents per kilowatt-hour, and to maintain the option of a large CSP industry for Australia. If met, this goal will allow CSP to compete with fossil fuels in target initial applications by 2016.

The overall project includes $15 million of ASI funding for the first four years, followed by $20 million of funding from the new Australian Renewable Energy Agency (ARENA). The total project value including partner contributions is $87.3 million.

For more information, visit the ASTRI website.

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