Australia-based perovskite solar cell specialist Greatcell Solar has failed to secure refinancing for its activities and has been forced to appoint administrators. The company lays the blame at the federal government’s door, pointing to the R&D rebate changes and policy settings that are unsupportive of renewable energy investment as the reasons behind its downfall.
The Australian company will lead a research project focused on the commercialization of perovskite solar cell technology. The grant is being awarded under the Cooperative Research Centre Projects programme, administered by the Australian Department of Industry.
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