New landmark for Australian solar industry as 2mn homes harness power of the Sun

By Harry Menear
This week, the number of Australian solar power installations reached the landmark figure of 2mn. According to a report by...

This week, the number of Australian solar power installations reached the landmark figure of 2mn. According to a report by Energy Matters, the figure is “a milestone for the young solar industry”.

Kane Thornton, head of the Australian Clean Energy Council, said that the milestone is great news for Australians. “Homes with rooftop solar installed are saving on average of about $540 per year on their electricity bills”.  

Currently, an estimated 20.3% of Australian households have installed solar power systems, leading to the national rooftop solar capacity being estimated at 7.9GW. Across the country, Queensland is the national leader for home solar, with almost 600,000 homes fitted with panels. According to Energy Matters, “the Australian Energy Market Operator estimates six solar panels per minute are being installed across Australia.”

According to a report released last year by the Australia Institute, “a rapid renewable energy transition would subsequently generate 58,554 jobs each year for 11 years.”

SEE ALSO: 

 

On Friday, ABC News Australia reported that the Australian “renewable energy industry has built itself up to such a significant scale that even 50 per cent by 2030, the renewables target being pursued by the Federal Labor Party, would involve a significant contraction in activity and employment in the industry.”

By 2030, the data suggests that Australia could be as much as 80% powered by renewables like solar and wind. Green Energy Matters director, Tristan Edis, told ABC News that "the amount of solar capacity we're on track to have operational by 2021 will mean competitive conditions in the wholesale market” during peak times. Currently, the renewables sector is expected to pressure the Australian government to revise its clean energy targets, hopefully avoiding a contraction in the market.

Share

Featured Articles

Q&A: ENGIE Impact’s Exec MD for EMEA & APAC Mark Chadwick

Companies must look forward and devise strategies to decarbonise their operations. ENGIE Impact’s 2024 Net Zero report shares their ambitions vs. actions

Mercedes F1 Team first in motorsport to sign Climate Pledge

Mercedes-AMG PETRONAS F1 have become the first motorsport team to sign The Climate Pledge, committing to reach Net Zero carbon emissions by 2040

Onward: Shell Launches Trailblazing Global Climate Tech

Powered by Shell, Onward’s new advisory board includes executives from major global companies including Nike and XPRIZE to accelerate the energy transition

Bechtel & Westinghouse Unite for European Nuclear Power

Renewable Energy

Swedish Power Company Vattenfall Celebrates 115 years

Utilities

Amazon to use Half of Offshore Wind Farm’s Renewable Energy

Renewable Energy