From pv journal Australia
Sundrive Solar, a Sydney-based copper-plated photo voltaic cell producer, has introduced a restructuring plan as a vital step within the subsequent section of commercialization.
Several staff have been laid off. CEO Vincent Allen assumes the function of chief technical officer, changing former Chief Operating Officer Natalie Malligan.
“As a part of the evaluate, Sundrive has taken the troublesome resolution to streamline its operations, which has resulted in some staff members leaving the enterprise,” the corporate mentioned in a press release. “Sundrive helps all affected staff via this course of. This resolution was not made frivolously however we imagine it’s essential to assist Sundrive’s long-term success in persevering with to ship world-leading explosions in photo voltaic expertise.
Sundrive has secured an AUD 11 million ($7.2 million) Australian Renewable Energy Agency (ARENA) grant to increase from prototype scale to business capability of greater than 100 MW per 12 months. It has beforehand acquired AUD 3 million in ARENA funding to reveal copper metallization expertise at prototype scale.
In early 2024, Sundrive is partnering with power firm AGL to construct a photo voltaic manufacturing facility on a former coal plant website in New South Wales.
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