4 FAQs about Utility-scale solar australia

How big is Australia's utility-scale solar sector?

SolarPower said Australia's utility-scale solar sector has seen “strong but fluctuating” growth, with 6.07 GW under construction or in planning. This is in addition to the 10.35 GW of operational utility-scale solar already connected to the NEM and the Wholesale Electricity Market (WEM).

Will Australia's solar sector grow in the next 5 years?

Australia's solar sector is poised for significant growth in the next five years with a new report projecting utility-scale PV will exceed 50 GW total capacity by 2030, up from about 10 GW current operational capacity.

How big is Australia's solar PV market?

Australia's solar PV market has grown rapidly in the past 10 years, with “more than 3.92 million residential installations and a total capacity exceeding 37.8 GW as of September 2024,” SolarPower said.

Will Australia install 1 GW of solar per year?

The Australia market outlook forms part of SolarPower's broader annual report that suggests the world could be installing 1 TW of solar per year by the end of the decade. SolarPower said the world installed 600 GW of solar in 2024, with global cumulative PV capacity crossing the2 TW milestone late in the year.

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