Exclusive: The ongoing strength of rooftop solar installations contrasts with the sharp slowdown in new large-scale solar farms
Australia nearing record amount of solar panel uptake to beat rising power prices, analysts say
Exclusive: The ongoing strength of rooftop solar installations contrasts with the sharp slowdown in new large-scale solar farms
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Peter Hannam
Wed 12 Jul 2023 11.00 AEST
Rooftop solar is on track for another near-record annual installation tally as households seek to beat rising power prices with new or bigger photovoltaic systems.
In the first six months of 2023, households and businesses added about 1.46 gigawatts of new solar capacity in small-scale systems, about a fifth higher than a year earlier, according to Green Energy Markets. For June alone, almost 250 megawatts of new capacity went on to rooftops, 13.2% more than for the same month in 2022.
Higher electricity prices in the past year have stoked demand for solar panels, the director of analysis and advisory at Green Energy Markets, Tristan Edis, said. With a further increase of as much as 25% being imposed from this month, 2021’s record for new capacity of about 3.2GW set in 2021 may come close to being broken.
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Australia has the world’s highest per-capita solar energy penetration, with almost one in three homes hosting PV panels. Even in winter, more than a quarter of the electricity used in the eastern states is being generated on rooftops during the peak of sunny days such as Tuesday, according to the
OpenNEM website.