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Smart Aussie Solar Startup Scales Up

Copper Weekly Brief — Week Ending 24 April 2026

Copper stayed elevated and volatile this week as geopolitical risk, tight concentrate conditions and policy uncertainty continued to support prices. The market is still being driven as much by supply…

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Weekly Copper Brief – 17 April 2026

Geopolitics are pushing up costs, but the clean energy transition and everyday demand for electricity and transport are keeping copper in strong demand worldwide.   Market overview Copper remains in…

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OK Tedi – Our Mine , Our Pride, Our Future

  Ok Tedi Mining Limited (Ok Tedi) is one of Papua New Guinea’s great copper–gold success stories – a 100 percent nationally owned operation that has been delivering value to…

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Copper Weekly Brief – 10th April 2026

Market overview: high, volatile, policy‑sensitive Copper remains in a high‑price, high‑volatility regime into the week ending 10 April 2026, with the Iran war amplifying energy‑cost and confidence shocks rather than…

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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

Copper Weekly Brief — Week Ending 24 April 2026

Copper stayed elevated and volatile this week as geopolitical risk, tight concentrate conditions and policy uncertainty continued to support prices.…

Read More

Weekly Copper Brief – 17 April 2026

Geopolitics are pushing up costs, but the clean energy transition and everyday demand for electricity and transport are keeping copper…

Read More

OK Tedi – Our Mine , Our Pride, Our Future

  Ok Tedi Mining Limited (Ok Tedi) is one of Papua New Guinea’s great copper–gold success stories – a 100…

Read More

Copper Weekly Brief – 10th April 2026

Market overview: high, volatile, policy‑sensitive Copper remains in a high‑price, high‑volatility regime into the week ending 10 April 2026, with…

Read More

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