The number of Australian homes with solar PV systems installed on their rooftops has passed a two million milestone, show Clean Energy Regulator data. With an average of six panels installed a minute, the uptake shows no signs of subsiding.
If maintained, Australia’s current rate of installs would deliver 78% renewables by 2030, find Green Energy Markets in its latest edition of RE Index. The 50% renewables target proposed by the the Federal Labor Party and several state Labor governments would thus deliver a sharp market decline, with installations falling to a third of recent rates and workforce shrinking by three quarters.
The second phase of the proposed 250 MW virtual power plant will see Tesla Powerwall batteries and solar panels installed on 1,000 South Australian households.
AGL has developed an energy trading platform, which is being tried among its customers in Victoria. The new trading system allows households to sell their excess solar power and save money or help others save on their electricity bills.
While the rooftop market segment might indicate smooth sailing, the debate over low cost suppliers and installers serving Australian homes and businesses continues to simmer just beneath the surface. And one name remains especially prominent in the discussion: Euro Solar.
Against the backdrop of a mature rooftop solar market and a booming commercial and industrial solar sector, Australia has a competitive but vibrant solar retailer and installation market. However, not all have prospered and a prominent player has exited the market.
Chinese module manufacturer Trina Solar has launched its “all-in-one“ kit in Australia targeting the rooftop solar segment. Its expectations of the Aussie market are high, as the company continues to pursue overseas expansion to ride out the China government policy shake-up.
Despite political hurdles in key markets including China, India and Japan, Asia-Pacific remains highly active. This year, 59 GW of solar is expected to be installed and due to further system price declines, a phase-out of subsidy schemes can be offset.
Melbourne-based energy tech startup GreenSync has officially launched the Decentralized Energy Exchange (deX), a digital marketplace for grid services provided by rooftop solar arrays, battery storage and EVs owned by Australian homes and businesses.
Energy Minister Angus Taylor has said there are no plans to change the Small-scale Renewable Energy Scheme (SRES), despite the ACCC recommendations to wind it down nine years early.
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