Australia’s previously booming rooftop PV market segment is likely to see a steep decline in the face of Covid-19 related shutdowns and uncertainty. An industry survey has revealed that around 50% or survey respondents have seen customer enquiries decline by between 25-50%, with a further 20% reporting that new leads have dried up completely.
Analysis from Green Energy Markets shows the Australian rooftop PV market in robust health during the first three months of 2020. According to STC data, more than 30,000 rooftop installations were registered in the month, for a total of close to 250 MW of capacity. And then came Covid-19.
Short- and long-term impacts of the pandemic on electricity markets are still unclear.
Western Australia’s McGowan Labor Government has announced its $1 billion economic and health relief package to assuage the effects of Covid-19. Key to the relief package is support for Western Australians struggling to pay their electricity bills.
One of the largest solar projects scheduled to break ground this year has moved into the construction phase mostly unaffected by Covid-19 disruption.
The list of clean energy industry events put on hold due to the Covid-19 outbreak is lengthening.
The module giant has signed a one-year $37 million line of credit agreement with the National Australia Bank.
Before Growatt won the Top Brand PV Seal award, back when “quarantine” was a foreign concept and foreign lands familiar, pv magazine took its annual China Road Trip to Shenzen to visit Growatt and learn about the company supplying solutions to 10% of Australian residential PV installs.
The Australian Energy Regulator has called on Australian energy businesses to take its customers doing it tough at this time into consideration. The AER has set out 10 expectations for energy businesses.
The Asian Development Bank says developing countries in Asia and the Pacific should consider developing their own solar industry supply chains as the Covid-19 pandemic has exposed their over-reliance on China to carry through the energy transition.
This website uses cookies to anonymously count visitor numbers. To find out more, please see our Data Protection Policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.