Solar Market Synopsis: July

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Solar Market Synopsis: July

PV Market

  • Last month saw 115MW of PV registered across Australia, just shy of the 119MW registered the same time last year
  • Analysis of Solar Choice pricing information shows that most retailers absorbed the cost increase due to the decrease in solar multiplier for systems larger than 1.5kW.
  • On the back of the Queensland Government announcement, over 100,000 applications were received in Queensland. That could take 40 weeks to install at the rates equal to the end-of-multiplier rush in June.  

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STC Market

  • Enough STCs have been created to meet requirements for the rest of the year.
  • Our STC forecast predicts creation will exceed requirement by more than 10 million by year’s end.
  • The weekly and monthly STC creation tally are displayed on our website – check in regularly.

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Solar Hot Spots

  • All of Queensland must be hot now, but Hot Spots can help find sales targets in the aftermath. For example, postcode 4814 (Annandale near Townsville) had a great Q1 2012, and didn’t suffer much setback when the multiplier reduced in 2011. 
  • Annandale QLD has almost 3MW installed; its recent average system size wa 3.79kW, and its penetration is only 8%.
  • Thanks to Andrew Dunning who picked up a calculation error in last month’s mailout about Victorian postcode 3032 (Ascot Vale).

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SunWiz Activities

In the last month, SunWiz has:

  • Analysed and Optimised PV system orientation to minimise power export for a commercial system.
  • Assisted more companies with grid-connection of 30-100kW systems.
  • Assisted with a government funding request for an innovative solar application.
  • Performed a financial evaluation of PV on a range of government buildings.
  • Assessed the PV financials on an off-grid mine site.
  • Performed some solar cusomer data analytics for a company trying to better engage their customers.
  • Reviewed a paper on financing options for Large-scale PV.
  • Analysed Australia’s most comprehensive solar performance data set for presentation at ATRAA.
  • Visited the CEC Member Mixer, and Installer Drinks, and the AuSES PD Day in Brisbane.

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