Australia Solar Power Sector Analysis As Australia is moving towards increased solar power generation, the installed capacity of
solar modules has shown considerable growth in the recent years. The use of solar energy for
power generation had started way back in 1992 in the country with a few pilot projects and
an installed capacity of 7.3 MW. With Australia’s power generation dominated by fossil fuels and a lack of clear solar energy policies and growth framework, the installed capacity could not grow more than 2 to 5 MW per year till 2001. Also, this period saw a growth in hydro and wind power production systems indicating the government’s focus on the other known and
technologically available sources of clean energy. Post 2001, the installed capacity addition was in the range of 5 to 12 MW till 2007 on a per year basis. It was only in 2007 when solar
power production gained weight and the installed capacity started growing by a larger margin.
Solar power installed capacity has grown at a compound annual rate of more than 80% from 2006 to 2011. The overall growth rate for the 20 year period from 1992 to 2011 is close to 32%
compounded annually. This indicates towards the greater boost given in the last five to six
years to the solar energy development during which it grew at more than twice the rate of the total growth.
The last couple of years (2010 & 2011) have truly been the solar years for Australia with solar
announcing its arrival in a grand manner. More than 1000 MW was added in these two years which has given solar power development the required momentum. This was achieved through
a change in policies and a greater shift of focus of the government from other renewable sources to solar energy. The addition of such high installed capacity in the country catapulted
its status to the 10th position among the solar countries in the world bringing the newly adopted technology to the fore front.
Solar PV technology is bound to play a larger role in the electricity production sector of Australia which will certainly be augmented by the increasing investments and positively
shaping policies. The government is keen on exploiting all its energy sources and solar being
one of the most abundant has taken priority over others. The technology is entering its advanced stage and Australia looks set to embrace the solar energy giving it a bigger share in power generation in the coming years.
For Sample contact: neeraj@kuickresearch.com, +91-11-47067990
Page 1
Australia Solar Power Sector Analysis Key Issues Discussed in Report • • • • • • •
Australia Power Sector Overview
Feed in Tariff Structure Across All States
Photovoltaic Module Manufacturing
Operating & upcoming Solar Projects
Development of Solar Cities
Regulatory & Policy Initiatives
Competitive Landscape
For Report Sample Contact: neeraj@kuickresearch.com Table of Contents 1. Australia Solar Power Sector Outlook 1.1 Installed Generation Capacity 1.2 Solar Radiation & Potential 1.3 Solar PV System Costs 1.4 PV Business Valuations 2. Feed-In Tariff Structure 3. Photovoltaic Module Manufacturing 3.1 Domestic Market 3.2 Exports 4. Solar Projects 4.1 Operating Projects For Sample contact: neeraj@kuickresearch.com, +91-11-47067990
Page 2
Australia Solar Power Sector Analysis 4.2 Upcoming Projects 5. Development of Solar Cities 5.1 Adelaide 5.2 Alice Springs 5.3 Blacktown 5.4 Central Victoria 5.5 Moreland 5.6 Perth 5.7 Townsville 6. Solar Power Sector Development 6.1 Focus Shifting to Commercial Solar Power Generation 6.2 Australia - U.S Solar Power Collaboration 6.3 Australia - Germany Solar Power Collaboration 6.4 Million Residential PV Systems 6.5 Concentrating Solar Thermal Power Gains Momentum 7. Regulatory & Policy Initiatives Driving Solar Power Generation 7.1 Solar Credits 7.2 Solar Panel Installation Rebates Offered Till 2009 7.3 Large-Scale Renewable Energy Target 7.4 Small-Scale Renewable Energy Scheme 7.5 National Solar Schools Program 7.6 Renewable Remote Power Generation Program 8. Future Outlook for Solar Power 8.1 Sector Trend For Sample contact: neeraj@kuickresearch.com, +91-11-47067990
Page 3
Australia Solar Power Sector Analysis 8.2 Challenges to be Resolved 9. Supportive Organizations 9.1 Australian Solar Institute 9.2 Desert Knowledge Australia Solar Centre 9.3 Clean Energy Regulator 10. PEST Analysis 11. Competitive Landscape 11.1 Kyocera 11.2 Suntech Power 11.3 Solar Shop Australia 11.4 SunPower 11.5 First Solar
List of Figures Figure 1-1: Share of Solar Power in Electricity Production, 2010-11 Figure 1-2: Solar Power Installed Capacity (MW), 2006-2011 Figure 1-3: Solar Power Generation (GWh), 2006-07 till 2010-11 Figure 1-4: Off-Grid Domestic Solar PV Installed Capacity (MW), 2006-2011 Figure 1-5: Off-Grid Non-Domestic Solar PV Installed Capacity (MW), 2006-2011 Figure 1-6: Grid Connected Distributed Solar PV Installed Capacity (MW), 2006-2011 Figure 1-7: Grid Connected Centralized Solar PV Systems Installed Capacity (MW), 2006-2011 Figure 1-8: Distribution of Solar PV Installed Capacity Added in Sub Markets, 2011 Figure 1-9: Solar Radiation Map For Sample contact: neeraj@kuickresearch.com, +91-11-47067990
Page 4
Australia Solar Power Sector Analysis Figure 1-10: Locations Receiving Highest Average Solar Radiation, kWh/m2/day Figure 1-11: System Price For Off Grid Applications Upto 5 kW, AUD/Watt Figure 1-12; System Price For On Grid Applications Upto 5 kW, AUD/Watt Figure 1-13: Business Value of PV Industry (Watt), 2011 Figure 1-14: Price of PV by Category (AUD/Watt), 2011 Figure 1-15: Value of PV industry by Category (AUD Million), 2011 Figure 1-16: Contribution to Business Value of PV Industry, 2011 Figure 3-1: Solar Modules Manufactured (MW), 2011 Figure 3-2: Solar Modules Manufacturing Capacity, MW Figure 7-1: Multipliers with Solar Credits, 2009-2013 Figure 7-2: Annual Caps for Solar Credits, 2010-11 till 2014-15 Figure 7-3: Number of Applications for Rebate on Solar PV under SHCP, 2001-2009 Figure 7-4: Per Unit Rebate Under SCHP Program (AUD/Watt), 2000-2009 Figure 7-5: Renewable Energy Targets (GWh), 2012- 2030 Figure 8-1: Share of Solar Energy in Power Generation, 2050 Figure 8-2: Solar Power Generation (TWh), 2019-20 & 2034-35 Figure 8-3: Solar Power Installed Capacity (MW), 2012-2016 Figure 8-4: Solar Module Prices (AUD/Watt), 2006-2011 Figure 8-5: Best Prices of Solar Modules (AUD/Watt), 2006-2011 Figure 10-1: Budgets Allocated for Solar Technical Research & Development (AUD Million), 2011
For Sample contact: neeraj@kuickresearch.com, +91-11-47067990
Page 5
Australia Solar Power Sector Analysis List of Tables Table 1-1: Turnkey Prices of PV Systems, AUD/Watt Table 2-1: Feed in Tariff Structure Table 2-2: South Australia Retailer Contribution Rules Table 9-1: Projects Funded by ASI, Round 1, 2 & 3 Table 9-2: ASI Funding of Projects Under U.S & German Collaboration Table 9-3: Technologies Demonstrated at DKASC
For Report Sample Contact: neeraj@kuickresearch.com
For Sample contact: neeraj@kuickresearch.com, +91-11-47067990
Page 6