<
https://reneweconomy.com.au/riding-the-solar-coaster-tindos-push-for-australian-made-power/>
"We call the solar PV industry the Solar Coaster because anyone who’s been in
the business long enough, as I have, starts to see history repeat. Solar PV
installations peaked in 2021 and 2022, and while we’re not quite at those
levels right now, the new drivers are larger systems and battery storage.
We make solar panels but in South Australia Tindo also offers an installation
service. So, we see the trend of our average panel installation growing to
10.4KW, and the average battery installation now at 20KW/h. We’ve always had a
high battery attachment rate in our installations – around 70 percent even
before the battery subsidy kicked in – because we take a consultative approach
to create the best solution in the market. Now we attach batteries to 100 per
cent of our solar panel installations. We’re not selling a system without a
battery.
Tindo will be celebrating 15 years of manufacturing next year and we’re
continuing to adjust to the new dynamics and attempting to help put Australia
in greater control of its own energy future. In August we received a $34.5
million package from the federal government, to assist us in expanding our
production scale and align our prices with a larger addressable market.
Under the package – part of the Solar Sunshot program administered by ARENA –
we’ll grow our capacity to 180MW of panels per annum, which will see new
equipment and processes added to our production line, as well as an additional
50 employees. Included in the funding package is budget for a third-party
feasibility study into a Tindo Gigafactory.
The Gigafactory will produce 1000MW of high-quality solar panels each year,
meaning Australia will have between a fifth and a quarter of its annual rooftop
solar panel requirements made domestically. It will be an important step for
this country because it gives Australia a sovereign capacity to make equipment
for our energy system, it creates an economic case for Australian industry to
become part of the solar PV supply chain and it also gives an incentive for our
resources industry to refine and value-add their extractive products for use in
a growing domestic industry."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics