Australian properties including businesses and homes across the nation installed a record breaking 3GW of solar in 2021. Despite the pandemic and supply and chain barriers due to the energy crisis, Australia continued to set new renewable energy milestones. The Australian government supports renewable energy transition, thus making it easier for the property owners to switch to solar. The rebates provided by the government to install solar at the property makes it financially viable to install solar at the property.
Why is solar a favorable renewable source of Australia?
Australia is one of the most economical countries for rooftop solar installations as it has one of the most effective solar workforce in the world. On the other hand, Australia on average receives the highest amount of solar radiation than any other parts of the globe. High electricity prices, good feed in tariff rates and financial incentives on switching to solar combine to make shorter payback periods and high return on investment. There are various known and lesser known benefits of solar that make it the most effective way of generating electricity. We have seen the most drastic effects of climate change including floods in recent times. Thus the government is more inclined towards transitioning to clean energy and solar is the most favorable here because it is low cost and hassle free.
New advancements in solar technology
Solar technologies have advanced a lot since they were first made. Every day new developments are being made in the field of solar, promising a better future. Over the years researchers have successfully improved the efficiency and cost effectiveness of the solar products. Huge solar projects are being installed in Australia across the nation to meet the electricity needs through a sustainable manner, the examples include Nevertire Solar Farm in New South Wales, 100 MW Bomen Solar Farm in New South Wales, Western Australia’s 100 MW Merredin Solar Farm and the 100 MW Yarranlea Solar Farm in Queensland. The improvement in solar technology has brought confidence in the world to generate power with the sun. Let us highlight some recent developments and policies that took place in the solar industry recently:
- Scientists have recently developed the technology that can be operated with an electric motor, which can be used for cleaning solar panels without the need of water.
- Australia’s Tindo solar has launched world beating solar module with high efficiency
- Q cells have developed a new home battery system technology that is first going to be sold in Australia and provides a 15 year standard product and performance warranty.
- Canadian solar stated it has started mass production of a new rooftop module with power output reaching 420W.
Join the renewable energy transition with Arise Solar
Join the renewable energy transition with Australia’s most trusted solar retailer Arise Solar . We simplify the process of switching to solar energy, making it easier than ever to find the best solar panel system for your needs and budget. We analyze your energy needs to propose the best solar solution at a price lower than our competitors, to guarantee a higher return on investment.