Home Business & Finance Australian PV Installations hit the 5GW mark.
Australian PV Installations hit the 5GW mark.

Australian PV Installations hit the 5GW mark.


Five gigawatts: 5,000,000,000 Watts of solar power – its a number that’s hard to fathom. Indeed, solar power’s 5GW now represents 9% of Australia’s total electricity generation capacity of 56GW. Statistics of this sort are often translated into more humanly-graspable figures by converting into the number of Australian households that could be powered by solar energy (1.25 million). Wow, pretty big figures! In fact, SunWiz recently calculated that there are over 23 million solar panels installed in Australia – a solar panel for every man woman and child.

The 5GW figure is even more impressive when related in terms of how much power humans themselves can generate. Imagine for a moment that you’re an elite cyclist and you’re cycling in the bunch (peleton) of the tour de france at 60km/h. Now an elite cyclist in this situation sustains an output of 250W of human power for a few hours, about the average power of one of today’s high-efficiency solar panels. On this basis, it would take a peleton of 20 million elite cyclists to produce the same power as Australia’s installed solar capacity. In other words, even if every able-bodied Australian simultaneously pedalled their bicycle as hard as they could, they still wouldn’t match the power output of Australia’s solar panels on a sunny day.

5GW of Solar Power Statistics
The following statistics are based upon analysis of the REC Registry for systems less than 100kW in size, and extensive web research (including REC Registry analysis) for systems greater than 100kW in size. In general this analysis tends to understate the actual installed volume in Australia because some systems don’t claim RECs and therefore don’t appear in the Registry. Note that the 2015 tally for sub-100kW systems is a projection as systems can take 12 months after installation to register. The tally also excludes systems installed in 2016YTD.

Solar power was the #1 new power source in 2015

In 2015, there was 913MW of Solar Power added across Australia. This makes Solar Power Australia’s #1 source of new power capacity in 2015. By comparison, there was 774MW of wind power commissioned in the NEM in 2015 (Snowtown, Bald Hills, Mt Mercer, Boco Rock, Taralga, and Portland).  Interestingly, 1300 MW of coal power was decommissioned in 2015 (Wallerawang, Anglesea, and Redbank). Solar installations in 2015 consisted of 230MW of systems above 100kW, including the utility-scale solar farms at Nyngan (102MW), Moree (56MW), and Broken Hill (53MW), in addition to 712MW of systems less than 100kW in size.
A bright outlook for Solar power in 2016?
Last year the Australian PV industry grew overall, but this growth was solely due to the realisation of the projects borne of the Solar Flagships programme. Though there are a large number of utility-scale solar farms in early stages of development, most will commence deployment in 2017, meaning contraction in the solar industry is likely in 2016. Despite this and even as the volume of residential sales declines, there are sizeable opportunities in growth segments of the solar market, particularly in commercial and also in some highly favourable niches. 
Which segments of the solar market will grow in 2016? What volume of PV will be installed in the coming year? Read SunWiz’s 2016 Strategic Predictions report to findout.


Anand Gupta Editor - EQ Int'l Media Network


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