Startup · $35.5m raised
Mawson Lakes, SA
Every investor coverage indicates participated in a round Tindo raised.
| Investor | Rounds | Invested |
|---|---|---|
| Australian Government | Grant · Grant | $35,500,000 |
| ARENA | Grant | - |
| Australian Renewable Energy Agency (ARENA) | Grant | $34,500,000 |
| the federal government | Grant | $34,500,000 |
| Modernisation Manufacturing Fund | Grant | $1,000,000 |
Companies Tindo acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
Stories naming Tindo. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Arena opens a third Solar Sunshot round aimed at cutting utility-scale solar construction costs, while recapping grants already handed to 5B, Tindo Solar, Solquartz, Stellar PV, Luminous Robotics and Built Robotics' local subsidiary.
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.
ARENA grants $34.5 million to solar module maker Tindo and $11 million across Solquartz, Energus and Stellar PV for polysilicon feasibility studies under the federal Solar Sunshot program.
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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: Provaris bids for a hydrogen tank production cell, Lithium Australia wraps a share purchase plan, QEM launches a rights issue, and Laronix hires a speech pathologist.
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.
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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.
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.
Adelaide solar panel maker Tindo Solar is dismantling its original factory ahead of a move to a larger $11 million plant, supported by a $1 million federal manufacturing grant.
Also RenewEconomy
An opinion column argues Australia should rebuild local solar panel manufacturing, recounting lost ventures like CSG Solar, citing SunDrive's $8 million raise, and urging coordinated government policy against Chinese dominance.