AEMO’s state by state, medium and long term solar PV forecasts have been upgraded significantly from last year in almost every instance.
Australians continue rapid take-up of rooftop solar, with households in Queensland and businesses in NSW leading the charge.
The WA commercial solar market is being held back by regulations being placed on the industry by grid operator Western Power.
New financing models – including solar leasing and PPAs – are expected to unlock the commercial solar market in Australia. The largely untapped market could jump to 500MW a year, taking Australia’s solar market back above 1GW for annual installations.