Startup · $34.5m raised · Manufacturing
Australia's only domestic solar panel maker, scaling up production at Mawson Lakes
Adelaide, SA
Every investor coverage indicates participated in a round Tindo Solar raised.
| Investor | Rounds | Invested |
|---|---|---|
| ARENA | Grant | - |
| Australian Renewable Energy Agency | Grant | $34,500,000 |
| the federal government | Grant | $34,500,000 |
Companies Tindo Solar acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Richard Petterson | CEO (former) | @AuManufacturing (25 Sep 2025), RenewEconomy (6 Aug 2025), @AuManufacturing (6 Aug 2025), RenewEconomy (23 Jul 2025), @AuManufacturing (16 Feb 2024), @AuManufacturing (5 Dec 2022) |
| Shayne Jaenisch | Chief Executive Officer (former) | @AuManufacturing, RenewEconomy |
Stories naming Tindo Solar. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Sunman Group wins $171 million in federal and NSW funding for a Hunter Valley solar panel factory; earlier grants to Tindo Solar, Stellar PV, Solquartz and SunDrive are also recalled.
Canberra will open a second $150 million Solar Sunshot round for PV component makers, while recapping earlier awards to 5B, Tindo Solar, Stellar PV, Solquartz and Energus.
Australia's only solar module maker, Tindo Solar, has received a $34.5 million ARENA award under the federal Solar Sunshot Program, supporting automation, a broader module range and lower prices.
Also RenewEconomy·RenewEconomy·@AuManufacturing·RenewEconomy·RenewEconomy
Adelaide solar module maker Tindo Solar will work with UNSW researchers on two projects to move TOPCon cell technology from lab to manufacturing, with research backed by the TRaCE program.
Solar pioneer Zhengrong Shi intends a Newcastle factory for frameless lightweight panels via Sunman's Energus subsidiary, eyeing federal programs; CEFC, Southern Cross Venture Partners and Softbank China are recalled as backers.
Roundup of Australian manufacturing briefs: Nova Eye Medical banks $8m, Ridley buys Oceania Meat Processors, Orica sells Deer Park land for $260m, plus appointments, research projects and CSIRO program deadlines.
A university–industry consortium wins federal grant support to advance printable perovskite solar technology, with graphene electrodes replacing gold and silver conductors, at Halocell's regional NSW factory.
Also RenewEconomy·RenewEconomy
Roundup of Australian manufacturing items: EMVision collects grant money, Anduril completes a large Series E, Adherium receives a tax incentive payment, Tindo Solar's sales double, and Glaciem wins a New York clean energy program place.
Also Forbes Australia
Roundup of manufacturing items: a satellite launch plan, a biotech tax incentive payment, a boot range launch, a solar CEO's exit, a ferry study, a university battery hub, and a recycling trial.
The federal energy minister visited an Adelaide solar panel maker to open its expanded production facility, which had received a government manufacturing grant, as the writer notes such visits are uncommon.