Tindo solar

Solar installers and resellers can now access up to $250,000 on interest-free terms to increase their stocks of Australian-made solar panels after PV module manufacturer Tindo Solar teamed with business financer Moula Pay.

MSquare Energy’s ambition to become Australia’s largest solar PV panel manufacturer has been dealt a blow with the Clean Energy Council confirming it has delisted the Sydney-based outfit’s entire module range.

Tindo Solar, Australia’s only solar panel manufacturer, has launched its first module designed specifically for utility-scale projects, the 545W Karra module. Australia-made, the module boasts a 23.1% cell efficiency with a low cell-to-module loss rate of 0.07%.

Australian financial institution Bendigo and Adelaide Bank has turned to solar PV to improve its bottom line with a 200 kW rooftop system installed atop its major corporate site in Bendigo in regional Victoria.

Australia’s solar PV panel manufacturing capacity is set to get a major boost with Melbourne-based RTE Energy confirming it plans to establish a large-scale heterojunction module factory in the Lansdown Eco-Industrial Precinct being developed in northern Queensland.

Reclaim PV has added another partner to its national solar panel recycling and recovery program with South Australian-based manufacturer Tindo Solar committing to a program that will see close to 100% of the solar PV panels that it handles recycled and re-used in the industry.

As Australia, like much of the world, battles shortfalls in supply with solar module prices rising and Chinese companies’ stocks decreasing, the country’s only manufacturer, Tindo Solar, has opted to release emergency stocks. Likewise, Chinese giant Longi is working to guarantee supply for Australia, saying its vertical integration has afforded it extra security.

Fortescue Future Industries has revealed plans to develop a 1 GW solar PV module manufacturing plant in Australia after confirming it had acquired a 60% stake in Netherlands-based renewable energy specialists High yield Energy Technologies Group.

Sydney-based MSquare Energy says it has ambitions of becoming Australia’s largest solar panel manufacturer. It is entering the market at a pivotal moment when Australia’s panel manufacturing industry is pushing to compete on equal footing with global leaders.

Adelaide-based module maker Tindo Solar has notched a win for the Australian manufacturing sector, delivering the panels for a $2.4 million solar PV and battery energy storage program rolled out by the Queensland government.