Australia: Rooftop solar PV to overtake coal-fired power by the end of 2024
- Admin
- Sep 19, 2024
- 2 min read
Australia could reach 49GW of rooftop solar PV by the end of the decade. The Climate Council's Seize the Sun report predicts the addition of 26.4GW by the decade's end. The report highlights the potential savings for Australian households with rooftop solar PV. It also emphasizes the need for more solar PV uptake in new houses and small businesses for cost-saving benefits and energy transition support. Monthly installation rates for solar PV remain high in Australia. The report advocates for integrating rooftop solar PV and energy storage at the core of Australia's national energy plans to fulfill renewable energy ambitions. Significant government incentives have contributed to a substantial increase in rooftop solar PV systems. Battery energy storage's scaling is crucial to absorb excess clean energy generation. The report suggests methods like home and community-scale batteries to optimize solar PV benefits and foster clean energy sharing. ARENA's approval of funding for community batteries across states reflects the growing popularity and benefits of these systems.
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