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Electricity price remains high in Australia photovoltaic market shows blowout trend

Electricity price remains high in Australia photovoltaic market shows blowout trend

2018-11-02

The energy transformation policy that former Australian prime minister Turnbull championed this year collapsed before the legislative process. The abandonment of the national energy security plan, (NEG), and uncertainty about federal energy policy have made Australian consumers more enthusiastic about solar power than ever before.

The number of solar facilities in Victoria and New South Wales soared last month, outpacing Queensland. All three states added more than 35 megawatts of solar energy. Across the country, 158 gigawatts of new rooftop solar energy was added in October, up from the last few months, and ensured a blowout in the 2018 solar market.

Warwick Johnston, managing director of SunWiz, said: "all over the world has set a record."

The state promised in August that it would pay for up to 650000 photovoltaic systems, another boost to the state's rapid solar growth.

Number of solar roofing installations (commercial and household)


Not only is the home market, the commercial market also develops rapidly. In the third quarter of this year, new large-scale solar power plants across Australia increased by 1560 megawatts. That's more than the total for all of 2017.

In the middle of this year, Chinese clean energy giant Hanergy and Integra Energy signed a four-megawatt annual Hanergy Solibro thin film solar module in Australia. Integra Energy is Australia's largest high-end solar solution and installer, selling and installing nearly 100MW of solar roofs annually. The signing of Hanergy's pre-sale agreement with Integra marks the first time HTF thin film solar products have entered the Australian market at a high level of annual megawatt sales.

Gavin Gilchrist, project manager at the Community Energy Group in Sydney's Inner West end, said there were various motivations behind the surge in solar demand.

For some, it is "a statement on climate action," while others want to reduce reliance on large power retailers. Halving the cost of solar equipment over the past seven years has also contributed.

In addition, one reason consumers are keen to install solar systems is to prepare for future purchases of batteries. In the future, the popularity of electric vehicles can store the excess power of their own generating equipment without having to export it to the power grid.

SunWiz commentator Johnston said as many as 17 percent of photovoltaic owners are now using batteries, with a record 30, 000 battery orders across Australia this year.

By the end of 2018, about 2 million households will have solar panels, and the market potential will be greater. According to SunWiz, only 29 percent of homes fitted with solar panels have photovoltaic devices in the state, compared with 27 in Virginia.

Companies that help tenants use solar energy, such as SunTenants,Allume, are also emerging. These companies are helping apartments and small businesses enter the solar market.

Bjorn Sturmberg, founder of SunTenants, said about 1/3 of households were tenants who were "completely shut out of the solar door." But renters can pay an extra A $20 a week to install solar panels, saving A $40 in electricity bills.

For apartments and shopkeepers, the challenge is often the decision of multiple people / families. Founder Cameron Knox said Allume's technology could split solar photovoltaic bills and "make them available to everyone."

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