After Australia's Clean Energy Council said that the cumulative rooftop solar power capacity of the country exceeded 8.1 GW in 2018, Green Energy Markets believes the country is well-positioned to install another 2 GW in 2019 alone. Pictured is the night skyline of Sydney from Darling Harbor in New South Wales, Australia. (Photo Credit: Patty Jansen/www.goodfreephotos.com)
- An update from the Green Energy Markets says Australia’s rooftop solar power capacity addition in 2019 could be 2 GW
- This record rate of solar adoption will come from households and businesses taking to it
- In Q1/2019, small-scale rooftop solar capacity addition was more than 480 MW, which was an annual increase of 46%
- If the country can maintain the speed of small-scale solar installations achieved in Q1/2019 until the end of 2022, Green Energy Markets says it could provide additional generation greater than that due to be lost from the closure of 2 GW coal-fired Liddell Power Station
In its Renewable Energy Index-March 2019, released on April 15, 2019, Green Energy Markets said Australia is on track to add 2 GW of rooftop solar power capacity in 2019 with households and businesses adopting solar at record rates. At the end of 2018, the country’s rooftop solar capacity exceeded 8.1 GW after 1.55 GW came online during that year, according to Clean Energy Council of Australia’s Clean Energy Australia Report 2019 (see 2018-End: GW Australia RE Capacity Committed).
The CEC supports its assertions with the fact that Australia installed more than 480 MW of small-scale rooftop solar capacity during Q1/2019, improving the score by 46% compared to Q1/2018. Over the next decade, this 480 MW will lead to savings worth at least AUD 850 million ($610 million).
If the speed of small-scale solar installations achieved in Q1/2019 is maintained until the end of 2022, the advisory firm believes it could provide additional generation greater than that due to be lost from the closure of the 2 GW coal-fired Liddell Power Station.
Thanks to its solar rebate scheme, the state of Victoria has seen installations quickly grow, surpassing traditional leaders Queensland and New South Wales in Q1/2019, according to Green Energy Markets (see Australia’s Victoria Launches Solar Homes Program).