United States-Australia Solar Energy Collaboration (USASEC)
USASEC was formed to support collaborative research between the United States (US) and Australia that aims to fast-track cost reductions in capturing solar energy, beyond that which either country can achieve on its own.
USASEC Strategic Research Initiative
The Strategic Research Initiative (SRI) supports long-term, strategic and collaborative national research programs to underpin the researcher capacity required to deliver "over the horizon" technologies not yet commercially viable. ASI joined forces with the Australian Renewable Energy Agency (ARENA) to fund the $33 million US-Australia Institute for Advanced Photovoltaics, led by the University of New South Wales, and the $35 million Australian Solar Thermal Research Initiative, led by CSIRO.
The leveraged value of these projects is more than $175 million.
USASEC Open Round projects
This round invested $15.5 million in projects that will accelerate the pace of innovation in the solar energy field. The leveraged aggregate project value is approximately $47 million.
USASEC Foundation Projects
This round allocated close to $12 million across seven projects that build on existing areas of collaboration between the US and Australia. It focused on projects that will accelerate commercial outcomes in Hot Carrier cells, Multi-junction c-Si PV devices, high temperature CST receivers, and measurements and characterisation.
Three International Research Exchanges were also awarded to facilitate collaboration and knowledge sharing.