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Smart Aussie Solar Startup Scales Up

Australia’s Tech Dilemma

Australians are keen on technology, especially at home, but the country’s broadband is just not cutting it apparently.  Well that’s the only conclusion you can draw from a bunch of…

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Microbial Mining

A new copper leaching discovery suggests biotech-driven mining solutions could soon recover critical minerals, reduce waste and enhance sustainability. A critical minerals platform startup, Endolith, has successfully demonstrated that its…

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The Clean Energy Election?

The return of a Labor Government is also being hailed as an endorsement of Australia’s remarkable renewables journey, but there’s still a long way to go. A lot of issues…

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World Copper Supply & Demand Shifts

The world’s copper market is expected to see a significant surplus over the next two years says the latest forecast from the International Copper Study Group (ICSG). The Group said…

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March 13, 2023 · General, John’s Blog

We wrote about SunDrive way back in 2021 when it created the world’s most efficient commercial-sized solar cell using copper. But a lot’s happened since. 

Two years ago SunDrive’s cell achieved 25.54% efficiency, but they recently announced they’d hit 26.41% efficiency for a full-size silicon cell using their copper-based technology and large-scale production processes. 

SunDrive’s technology replaces the silver used in conventional solar cells with cheaper, more abundant copper—around 100 times cheaper per kilogram & around 1,000 times more abundant in fact—but the company said it’s now refined the copper plating chemistry and processing sequence.

Investors have taken notice. Early backers included tech billionaire Mike Cannon-Brookes, the Australian Renewable Energy Agency (ARENA), Dr Shi Zhengrong and Blackbird Ventures, but recently closed a $21M funding round led by the CEFC,  Main Sequence, Malcolm Turnbull and Canva co-founder Cameron Adams.

SunDrive—created by two friends Vince Allen and David Hu in 2015—looks ready for an impressive future I’m glad to say.  They’re planning to set up an advanced manufacturing facility that would create about 400-500 direct advance manufacturing jobs here. 

And when you consider the thousands of indirect jobs needed for glass, aluminium and exports it’s an amazing story.

Of course it wouldn’t have happened without some very innovative thinking on the part of the founders, but copper can also take a bow. Not only is it more efficient than silver—more electricity for every square meter—but brings lower costs, more secure supply chains and less carbon emissions to produce. Oh and its endlessly recyclable. 

According to Net Zero Australia, Australia will need 1900GW of solar to reach Net Zero. Given we only have 27GW currently installed SunDrive’s future looks brighter than ever. 

Cheers, John Fennell

Featured

Australia’s Tech Dilemma

Australians are keen on technology, especially at home, but the country’s broadband is just not cutting it apparently.  Well that’s…

Read More

Microbial Mining

A new copper leaching discovery suggests biotech-driven mining solutions could soon recover critical minerals, reduce waste and enhance sustainability. A…

Read More

The Clean Energy Election?

The return of a Labor Government is also being hailed as an endorsement of Australia’s remarkable renewables journey, but there’s…

Read More

World Copper Supply & Demand Shifts

The world’s copper market is expected to see a significant surplus over the next two years says the latest forecast…

Read More

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