The Australian Energy Council’s latest Solar Report updates on developments in the second quarter. Based on current Clean Energy Regulator (CER) data it shows a drop in solar rooftop installations – due to a range of factors including supply chain costs and weather events. Regardless of the drop in Q2, solar continues to play a growing role in the grid. The report looks at factors behind the changes as well as state-by-state shifts.
By the end of the first quarter this year solar PV installations had put been fitted to more than 3.7 million Australian rooftops with a capacity of 22.58GW, according to the Clean Energy Regulator. In addition to the latest installation statistics, we take a look at other developments with rooftop solar, as well as the impact utility-scale solar is having on price setting in the National Electricity Market.
Our appetite for solar PV continues. At the end of last year Australia’s total installed solar rooftop capacity had reached more than 22GW. A total of 2785MW of new rooftop solar was installed by the end of 2023. In addition to the latest installation statistics, we take a look at other developments in the sector, including its levelised cost of energy and the average payback period for solar PV systems.
Our appetite for solar PV continues. At the end of the third quarter, Australia’s total installed solar rooftop capacity had reached 21.2GW. More than 68,000 new installations were added to the grid in the quarter with a total installed capacity of 620MW. In addition to the latest installation statistics, we take a look at other developments in the sector, including its levelised cost of energy and the average payback period for solar PV systems.
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