by Ray Wills |
The latest data from the Australian Clean Energy Regulator shows that more than 750 000 homes in Australia are now equipped with solar PV panels totalling almost 1.7 GW of installed capacity says the Sustainable Energy Association of Australia (SEA).
With 8 million homes in Australia and existing growth trends, more than 10% of homes will have installed solar panels within the next couple of months.
Figure 1. Cumulative number of solar panels (as measured by SGUs).
Installation rate of solar has slowed slightly from 2011 when more than 860 MW of solar PV was installed, but based on current trends an additional 600 MW of small scale solar capacity is likely to be added in 2012.
Figure 2. Cumulative capacity of solar panels (kw - as measured by SGUs).
Forecasting installation rates forward, Australia is likely to have a million homes with solar in around 12 months time, bringing installed capacity of small scale solar to over 2.3 GW.
Average system size continues to grow, with systems recorded for June 2012 averaging 2.84 kw, but with changes in feed in tariffs occurring around Australia, this trend looks set to reverse.
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