As of 1 August 2012, the average price per watt of an installed solar system prices sits at about $2.40/watt (after STC rebate) across Australia’s major capital cities (excluding Darwin and Tasmania), based on numbers from the Solar Choice database. Average system prices generally varied between city by less than $1000 for each system size, while median system prices for each city were on average about $300 lower than the averages displayed in the table below, indicating that a larger number of installers offer prices below the average than above.
Clean Energy Week 2012 presented numerous opportunities for the Solar Choice team to make connections for our commercial solar power activities, meet new installers to potentially join our installer network, speak to a number of manufacturers face-to-face, and of course hear some of Australia’s most prominent voices talk about the travails and trajectory of renewables in general.
Changes to the Australian PV system installation standard, AS5033
A number of changes to the Australian standard for solar photovoltaic (PV) installation standard AS/NZS 5033 came into effect from 16 July 2012, with a 3 month grace period for installers to get acquainted with them. The alterations were decided on by the EL-042 Standards Committee, on which the Clean Energy Council (CEC) sits alongside representatives of other stakeholders as electrical safety bodies, fire brigade representatives, training organisations, and related industry bodies.
Australian rooftop PV capacity reaches 1.7 gigawatts over 750,000 roofs: Clean Energy Regulator Figures from Australia’s Clean Energy Regulator show that there are now 1.7 gigawatts (GW) of rooftop solar PV capacity throughout the country. In total, over 750,000 homes (about 10% of those in the country) have installed solar panels to date. Although the pace has slowed due to the withdrawal of many state-based Solar Feed-in Tariff incentive programs, this number is still growing, with total installed capacity expected to hit 2.3Gw by the end of 2012.
City of Sydney’s big solar plans: 1.25 megawatts over 30 rooftops
The City of Sydney looks like it will claim the crown for the country’s largest rooftop PV installation with a 1.25 megawatt (MW) installation, edging out current record-holder University of Queensland’s 1.2MW system by just 50 kilowatts (kW). Although questionable whether the arrays constitute a single monolithic ‘system’, the tender for the project encompasses greater nominal peak capacity than any other rooftop project in Australia.
Cheapest electricity will come from wind, solar in 2030: BREE
The Federal Bureau of Resources and Energy Economics (BREE) has released its Australian Energy Technology Assessment (AETA) report. The report examines the current and future expected costs of 40 electricity generation technologies, including renewables, looking at each technology’s ‘levelised cost of energy’ (LCOE) in order to accurately compare prices across technologies and over time.
Victoria Transitional Feed-in Tariff may close soon
Murmurs are beginning to appear that Victoria’s Transitional Solar Feed-in Tariff may end sooner rather than later–possibly as early as the end of July 2012. An announcement about the results of the Victorian Competition and Efficiency Commission’s (VCEC) inquiry into both of the state’s Feed-in Tariff schemes (following the draft report that came out in May this year) is expected on Fri 27 July 2012.
China increases solar PV installation targets: 21 gigawatts by 2015
A June 2012 report by GTM research highlighted the massive glut of solar panel supply that currently exists globally, predicting that at current demand levels, the oversupply will continue until 2015. The supply glut will likely be absorbed, however, by the Chinese market after the Chinese government’s announcement that it will raise its 2015 solar PV targets by just the amount GTM had predicted the glut would be–21 gigawatts (GW).
Kyocera has introduced an integrated Energy Management System (EMS) and battery storage solution onto the Japanese market for the summer of 2012. The Kyocera EMS combines Kyocera solar panels with high-capacity lithium-ion storage units from electronics and battery component manufacturer Nichicon.
Economics of commercial-scale solar and solar farms in Western Australia
A growing number of residents of rural Western Australia residents are considering adding commercial-scale solar power farming to their portfolio of revenue streams. The primary benefit that solar farms afford their owners is an income source or money-saving facility that does not require continuing annual inputs, as other farming activities may.
30kW solar systems and solar farms: Pricing, output, and returns
30kW solar power systems are on becoming an increasingly worthwhile investment for small to medium businesses across Australia, thanks to the falling price of solar power systems, and rising electricity prices. This article provides an overview of the ranges of prices, power yields (in kWh), and financial returns that a business may expect to see from a typical 30kW solar PV system.
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