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Tindo Solar scores $1M to support $5.3M investment in local solar innovation and production

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Tindo Solar scores $1M to support $5.3M investment in local solar innovation and production


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June 30, 2021

Tindo Solar is one in every of the uncommon Aussie businesses which would possibly well possibly possibly be in truth making solar panels in our country. Plenty of the three/4 of Australian properties which contain solar, contain panels that came from in a foreign country (mostly China). A brand original spherical of funding below the Authorities’s Manufacturing Modernisation Fund, will scrutinize Tindo Solar receive $1 million for its speak-of-the-artwork solar panel production facility.

Early Newspaper

The $1 million grant will the firm to transition their manufacturing line to original M10 cell technology and boost production ability. This responds to growing demand for locally produced panels and a original 144-cell 550W module is determined to be among the main modules to roll off the original line.

It is anticipated to fund up to 60 jobs and the federal support will imprint allotment of an overall investment of $5,302,777 in the South Australian firm.

Tindo says they are expecting to initiate their original modules in Q1 2022.

Tindo CEO Shayne Jaenisch told PV Magazine:

“We’re looking ahead to being ready to resolve the subsequent step. It enables us to compete on the front end of technology.

When we bring the original line into production in January I think we’ll be ready to compete with the top 10% of manufacturers globally in performance.

We’ve continually had the quality. Now we’ve obtained to that point the place we can compete head-on with about a of the greatest manufacturers spherical the realm.

Tindo lately posted photos from the factory, which included about a Tesla Model 3s. Because the transition to electric cars continues, solar companies contain a big opportunity in the residential and industrial home, to take the vitality from the sun and energy the autos of tomorrow.

Renewables succor decrease our emissions and imprint objectives to decrease carbon emission. South Australia is dedicated to decrease greenhouse gasoline emissions by better than 50% below 2005 ranges prior to 2030 and imprint obtain zero emissions by 2050.

Producing and deploying solar panels looks love a quite ultimate route to succor with that mission.

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Tindo Solar scores $1M to support $5.3M investment in local solar innovation and production