Record Breaking Solar Panel Installation Last Year

Record Breaking Solar Panel Installation Last Year

Australia’s homes clocked a record-breaking number of solar panel installations last year, new analysis has found. Research by solar industry analysts SunWiz shows that Australia led the world in uptake of solar on a per-capita basis in 2020, following a record year for installations in 2019.

With every state and territory except Tasmania smashing records for the volume of solar panels and system size installed, Australia now has 20,000MW of solar capacity nationwide (equivalent to almost 15 million average solar panels), —up from 15,000MW in 2019. The annual growth rate for rooftop solar has exceeded 33 per cent for the past four years, and accelerated in 2020.

“The number of Australians installing rooftop solar systems increased by 40 per cent compared to 2019 levels,” said Warwick Johnston, Managing Director of SunWiz.

“The COVID-19 pandemic had major impacts on Australia’s economy, but the benefits of solar were strong enough to help the industry overcome challenges including supply shortages from China, lockdowns stopping installation in Victoria, and economic uncertainty.

“In fact, the pandemic had an overall positive impact for the industry as people staying home more turned to solar to help reduce their electricity bills”, Johnston added.

“While we need policies that ensure every household can connect solar to the grid and ideally make it simpler and more affordable for renters across the country to install solar panels – similar to what is underway in Victoria, 2021 looks to be another bright year for solar”, he concluded.

 

Source: EPS Property Search