Residential PV

The International Energy Agency’s latest report, which maps out the future evolution of clean energy manufacturing, says the combined global market for PV, wind turbines, electric cars, batteries, electrolysers, and heat pumps will rise from $1 trillion in 2023 to more than $3 trillion by 2035.

United States-based Bluetti has developed a new energy storage system that offers up to 154.8 kWh of storage and 60 kW of output by connecting up to three systems in parallel. It includes an inverter and a voltage controller with up to seven batteries.

Rooftop solar has outshone other renewables in Q3 2024, contributing 38.5% of generation ahead of grid-scale solar, 18.3% and wind,13.4%, while new capacity progressing through the connection phase grew 36% and battery projects, by 87%, compared to Q3 2023.

China-based inverter and battery manufacturer Sofar has identified an increasing shift in the Australian rooftop solar and residential energy storage market, predicting growing demand for fully integrated options.

Labelled the “most difficult” in the world, Australia’s regulatory environment and grid connection process for new large-scale renewable energy generation and storage has also been lauded as the standard bearer for the global market.

The Clean Energy Regulator’s decision to suspend online trading platform Greenbot from participating in the Australian government’s rooftop solar rebate scheme has been reinstated by the Federal Court.

While Australia continues to be a revelatory solar market internationally, it lost its place in the top 10 solar installers globally in 2023, the IEA PVPS team reports. According to Renate Egan, Executive Director for the Australian Centre for Advanced Photovoltaics, it is the first time in 30 years Australia has dropped off that list. “What’s sad is that the rest of the world is now taking off and investing in solar and we’re falling behind,” she said at Melbourne’s All Energy on Thursday.

New South Wales-headquartered critical power specialists Abundant Power Solutions has introduced the Austrian-made 2.5 kW Smartflower mobile solar system to Australia.

Chinese manufacturer JinkoSolar has used the All Energy Australia 2024 exhibition and conference being staged in Melbourne to launch its next generation Tiger Neo 3.0 modules that are available in two series with power outputs of 495 W and 670 W.

Solar Quotes founder Finn Peacock expects Origin Energy’s acquisition of the solar installation comparison service will accelerate the rollout of rooftop PV in Australia and the electrification of the nation’s energy system.