West -Australia (WA) Silicon manufacturer Simcoa Operations has received an Aud $ 39.8 million ($ 25 million) investment from the Australian government to support the production of silicon of the country.
As an important part of solar panels, the financing is part of the third party of the Powering the Regions Fund’s (PRFS) $ 600 million Safeguard Transformation Stream (STS), which supports the carbon industry of the heavy industry of Australia that falls under the Safeguard mechanism.
Thanks to the funds, the Facility, located in Wellesley, located 150 kilometers south of Perth, can expand the production of charcoal and remove the use of coal in making silicone.
Replacing coal with renewable charcoal will reduce Simcoa emissions by 89%, or more than 100,000 tons per year, equal to around 30,000 cars from the road.
Federal Minister for Climate Change and Energie Chris Bowen said that the federal government is building a future that was made in Australia by supporting production and protecting jobs that support regional communities.
“That is why we invest in Simcoa and provide silicon that is used in solar panels and products that are vital for our transformation of clean energy, not only survives, but also thrives in a net zero economy,” Bowen said.
“This investment will help industry to stay in Australia to support a future of clean energy jobs and low emissions products here.”
Simcoa produces silicon with a high purity that is suitable for use in Australia and is exported abroad, and is able to produce more than 52,000 tons of silicon with high purity and 13,000 tonnes of silicon vapor annually.
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