AGL Energy and a solar technology start-up backed by its biggest investor, Mike Cannon-Brookes, are among parties vying for a share of $1 billion in taxpayer funds intended to kick-start the domestic solar panel industry.
The ASX-listed energy utility and SunDrive, whose investors also include former prime minister Malcolm Turnbull, will examine building solar cells in AGL’s Hunter Valley coal heartland, targeting production in 2026.
