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Published 1 month ago

Australia to Invest A$1 Billion on Domestic Solar Panel Push to Cut Reliance on China

  • The Australian government plans to invest A$1 billion in solar manufacturing to improve energy security and create jobs in the solar industry.
  • This investment aims to shift away from coal and gas, ensuring a stable supply of solar panels to meet the country's electricity needs by 2050.
  • The move is intended to mitigate supply chain risks and geopolitical tensions associated with relying on imported technology for power generation.
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