GlobalData pointed out in a new report that Australia's solar installed capacity may increase to four times its current capacity by 2030. According to estimates, the country’s photovoltaic capacity will increase from 17.99 GW in 2020 to 80.22 GW Solars For Sale in 2030.
The report also predicts that the dominance of thermal power in Australia's energy structure will drop significantly, from 58.6% during 2000-20 to 27.8% in 2030.
GlobalData Power Analyst Aditya Sharma said, “Australia plans to use the growth of renewable energy power generation to compensate for the decline in thermal and hydropower capacity. By 2030, the share of renewable energy power generation capacity will reach 69.9%, mainly by solar photovoltaics. The composition of installed capacity."
GlobalData pointed out that Australia's numerous regulatory systems at the federal, state and local levels constitute a major driving force for the country's leading global solar deployment. The national rooftop solar penetration rate far exceeds the global average. According to data from the International Renewable Energy Agency (IRENA), the world's new renewable energy capacity will exceed 260GW in 2020, which is nearly 50% higher than the net growth record before 2019. Australia's growth rate is almost twice the global average, reaching 18.4%.
Sharma continued, “The growth of the Australian solar photovoltaic industry is driven by frequent renewable energy auctions and long-term protective electricity pricing schemes. In addition to federal initiatives, all eight states have their own metering schemes to support the growth of solar photovoltaics. For example, in the Australian Capital Territory, in addition to solar photovoltaic auctions, the government also provides interest-free loans for rooftop solar."
-
10kw Home Solar System-Trinidad and TobagoAre you tired of constantly worrying about rising electricity bills ? Look no further! Our solar power systems are the perfect solution for you. Just ask our satisfied customer from Trinidad and Tobago, who recently purc
Do you like ?0
Read more -
Village in the mountains with solar system“We have to go back and forth several hundred meters to fetch water from the mountain every day,” a villager told us. "Our village has been living in the mountains for generations. Travel is not that convenient, and water and electricity
Do you like ?0
Read more -
100KW Commercial Solar Power Will Be Soon In Nigeria HotelDavid, a Nigerian resident living in Guangzhou, China, has become a true "China expert" after spending 20 years in the country. His family in Nigeria operates 15 hotels, and David is responsible for procu
Do you like ?0
Read more -
Let factories use electricity for freeThe Philippines has abundant sunshine, and the solar system can start generating electricity at 6.30 in the morning and stop generating electricity at around 17.30 in the afternoon. The peak power generation is between 10.00 and 15.00. A cus
Do you like ?0
Read more -
5KW Off-grid Solar Setup In Congo HospitalWith Mars solar off-grid solar setup, a hospital from democratic republic of the Congo now harnessing the power of the sun to run medical appliances. Here are some highlights of Mars off-grid solar system's fun
Do you like ?0
Read more -
Mars Half-Cell Solar Panel Vs Another Half-Cell Solar PanelTOPCon half-cell solar panels have the following features: 1. High efficiency: TOPCon’s silicon wafer efficiency can reach up to 25.2%, which is 2% higher than other solar panels. It is expected that by the second half of 2023, TOPCon can reach 26
Do you like ?0
Read more