Who Led the Australian Solar Market in 2024?
The Australian solar retail market remains highly competitive, with some retailers consolidating market share while new challengers continue to emerge. The 2025 Annual SunWiz PV Market Report provides a detailed analysis of the top-performing solar retailers, their growth trajectories, and the evolving market dynamics shaping their success.
As SunWiz’s Top Solar Company Awards Ceremony draws near, we look at what it takes to rank amongst the largest solar retailers in Australia.
National Leaders in Solar
🏆 Leading Solar Retailer (STC + LGC Combined)
- The top-ranked solar retailer secured the #1 position in both the STC and overall solar markets, registering over 100MW of STC capacity in 2024.
🌟 Fastest Growing Retailers
- Several retailers demonstrated rapid expansion, with some doubling in size in 2024.
- New entrants to the ranking revealed strong national growth and increasing market penetration.
State-by-State Leaders
📍 State-Specific STC Market Leaders:
- NSW: A leading national solar retailer
- VIC: A rapidly expanding firm with strong regional sales
- QLD: A dominant multi-state retailer with increasing installations
- SA: A firm that consistently performs well across various categories
- WA, ACT, TAS, NT: Several regionally focused companies emerging as local leaders
Commercial Solar Market Leaders
🏢 Top Players in Commercial Solar
- The leading commercial solar retailers installed over 50MW of capacity in 2024.
- Several firms established themselves as dominant forces in 15-30kW and 30-100kW market segments.
🔹 Segment-Specific Leaders
- Small to mid-scale commercial installations saw increased competition, with multiple retailers securing large portions of the market.
- Large-scale (>100kW) projects remained the focus for a select group of national players.
Key Market Trends Among Retailers
📈 Market Consolidation & Fragmentation
- The top 50 retailers now capture 22% of the STC market, up from 19.5% in 2022, showing slight consolidation.
- Despite this, the Australian solar retail market remains fragmented, with no single company exceeding 3.2% market share.

🚀 Growth Trajectories & New Entrants
- Some long-time market leaders continued to perform well, while new challengers emerged as strong competitors.
💡 Multi-State Presence is Key to Success
- The top-ranked retailers operate across multiple states, demonstrating that expansion beyond local markets is essential for scaling success.

Final Thoughts
The 2024 Australian solar retail market saw shifts in leadership, emerging challengers, and continued competition across all market segments. As commercial solar expands and battery storage gains traction, the most successful retailers will be those that diversify their offerings and scale strategically.
For a detailed breakdown of top-performing solar retailers, market share trends, and future growth opportunities, purchase the 2025 Annual SunWiz PV Market Report today. Gain exclusive insights into the companies shaping the future of Australia’s solar industry.