{"id":24767,"date":"2018-10-04T08:09:13","date_gmt":"2018-10-03T21:39:13","guid":{"rendered":"https:\/\/www.solarquotes.com.au\/blog\/?p=24767"},"modified":"2018-10-04T08:09:13","modified_gmt":"2018-10-03T21:39:13","slug":"solar-power-installations-australia-mb0771","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/solar-power-installations-australia-mb0771\/","title":{"rendered":"Another Record-Breaking Year For Solar Power In Australia"},"content":{"rendered":"
\"Small

Image: MariaGodfrida<\/a><\/p><\/div>\n

Australia’s Clean Energy Regulator estimates 1,600 megawatts (MW) of small scale solar capacity will be installed this year, a 44% jump on 2017. It may wind up being more and even at 1,600MW, it will be another record-breaking year.<\/p>\n

In its small-scale technology certificate market update for October 2018, the Regulator said its projections don’t take into account the potential impact of recent announcements by state governments.\u00a0These include Victoria’s Solar Homes rebate<\/a>.<\/p>\n

The revised estimate is a significant increase on its May 2018 projection of 1400 MW.<\/p>\n

More than 135,000 small-scale solar power systems with a total capacity of 922 MW\u00a0had been installed as at 27 September 2018 says the Regulator. This represented +28% in installation numbers and +47% in total capacity compared to the same period last year. The figures are based on creation of Small-scale Technology Certificates (STCs) and there’s a 12- month creation period for STCs, so numbers attributable to the period will rise.<\/p>\n

STC Prices Softening<\/h2>\n

Small-scale Technology Certificates form the basis of Australia\u2019s major “solar rebate<\/a>“, reducing the up-front cost of a solar power system<\/a> by thousands of dollars. Their value fluctuates with market conditions.<\/p>\n

The Regulator notes STC prices have gradually softened since the middle of July, closing at $34.55 (based on data sourced from TFS Green) at 27 September 2018. The STC spot price was $34.90 at the same time in 2017. The maximum possible value of an STC is $40 and this year has seen the price as high as around $38.<\/p>\n

SQ’s Ronald wrote on the impact of falling STC prices<\/a> on the solar subsidy in August last year when the price was even lower (~$31). Last year’s slump caught some solar installers off-guard<\/a>, but no doubt the lessons of 2017 have been heeded by many this time around as STC values have decreased. The big difference this year (so far) is the reduction has been more gradual, whereas in 2017 STC prices dropped from $37 to $30 in just a couple of weeks.<\/p>\n

\"STC<\/a>

Source: Clean Energy Regulator | Click for larger image<\/p><\/div>\n

The Clean Energy Regulator says if the STC creation rate continues to increase, the surplus is estimated to reach over 10 million following quarter four surrender and remain at a high level well into next year.<\/p>\n

The Regulator’s Small-scale Technology Certificate Market Update – October 2018 can be viewed here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Australia’s Clean Energy Regulator estimates 1,600 megawatts (MW) of small scale solar capacity will be installed this year, a 44% jump on 2017. It may wind up being more and even at 1,600MW, it will be another record-breaking year.<\/p>\n","protected":false},"author":17,"featured_media":24772,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[678],"tags":[],"class_list":["post-24767","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solar-battery-news","entry"],"acf":[],"yoast_head":"\nAnother Record-Breaking Year For Solar Power In Australia<\/title>\n<meta name=\"description\" content=\"Australia's Clean Energy Regulator estimates 1600 megawatts of small scale solar capacity will be installed this year. 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STCs\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Small scale solar to drive STC demand","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/12\/stc-demand.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/12\/stc-demand.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/12\/stc-demand.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/12\/stc-demand.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":26754,"url":"https:\/\/www.solarquotes.com.au\/blog\/solar-postcodes-australia-mb0876\/","url_meta":{"origin":24767,"position":1},"title":"Australia’s Leading Postcodes For Solar Installations In 2018","author":"Michael Bloch","date":"December 25, 2018","format":false,"excerpt":"Which Australian postcodes are shaping up to have the highest number of small-scale solar power systems installed this year? Let's see what the most recent Clean Energy Regulator data reveals. As mentioned yesterday,\u00a0the Regulator states 193,960 solar power systems (small-scale - <100kW) with a combined capacity of\u00a0 1,337 megawatts had\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Australia's top solar postcodes","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/12\/australia-solar-postcodes.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/12\/australia-solar-postcodes.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/12\/australia-solar-postcodes.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/12\/australia-solar-postcodes.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":67788,"url":"https:\/\/www.solarquotes.com.au\/blog\/regulator-solar-tally-mb2720\/","url_meta":{"origin":24767,"position":2},"title":"Regulator Takes A Punt On 2022 Rooftop Solar Figures","author":"Michael Bloch","date":"November 18, 2022","format":false,"excerpt":"Australia's Clean Energy Regulator (CER) has estimated how much rooftop solar will be installed in Australia this year. All things considered, it's a pretty impressive number. The CER's September Quarterly Carbon Market Report (QCMR) released yesterday indicates an estimated 729 megawatts of small-scale solar power systems were installed during the\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Australian rooftop solar installations in 2022","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/11\/rooftop-solar-australia.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/11\/rooftop-solar-australia.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/11\/rooftop-solar-australia.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/11\/rooftop-solar-australia.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2022\/11\/rooftop-solar-australia.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":39758,"url":"https:\/\/www.solarquotes.com.au\/blog\/big-solar-victoria-statistics-mb1521\/","url_meta":{"origin":24767,"position":3},"title":"Big Solar In Victoria – Statistics","author":"Michael Bloch","date":"May 13, 2020","format":false,"excerpt":"With so much large scale solar activity going on in Australia over the last few years, it can be hard to keep track of it all. The Victorian Government has recently made it easier to see projects in that state. The Department of Environment, Land, Water and Planning acknowledges it\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Solar farms in Victoria","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/05\/big-solar-victoria.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/05\/big-solar-victoria.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/05\/big-solar-victoria.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/05\/big-solar-victoria.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2020\/05\/big-solar-victoria.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":26735,"url":"https:\/\/www.solarquotes.com.au\/blog\/2018-solar-installations-australia-mb0874\/","url_meta":{"origin":24767,"position":4},"title":"6-7kW Solar Power System Installations Up 135%","author":"Michael Bloch","date":"December 24, 2018","format":false,"excerpt":"193,960 small-scale (<100kW) solar PV installations with a combined capacity of\u00a0 1,337 megawatts had been validated this year as at last Monday says the Clean Energy Regulator. The Regulator released its Small-Scale Technology Certificate Market Update on Friday. It expects a final total of at least 1,600 MW of small-scale\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Solar installations in Australia - statistics","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/12\/solar-australia-installations.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/12\/solar-australia-installations.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/12\/solar-australia-installations.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2018\/12\/solar-australia-installations.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":14745,"url":"https:\/\/www.solarquotes.com.au\/blog\/brewongle-solar-farm-bathurst-mb0193\/","url_meta":{"origin":24767,"position":5},"title":"129MW Solar Farm Flagged For Bathurst Region","author":"Michael Bloch","date":"September 5, 2017","format":false,"excerpt":"Photon Energy Australia has proposed construction of a 129 MW solar power plant near Bathurst in New South Wales and provided a progress update on its Suntop Solar Farm project. Assuming the necessary approvals can be secured, the proposed solar power station will be built in Brewongle, which is around\u2026","rel":"","context":"In "General Solar & Storage News"","block_context":{"text":"General Solar & Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"Brewongle Solar Farm","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/09\/brewongle-solar-farm.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/09\/brewongle-solar-farm.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/09\/brewongle-solar-farm.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/09\/brewongle-solar-farm.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/24767","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/comments?post=24767"}],"version-history":[{"count":3,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/24767\/revisions"}],"predecessor-version":[{"id":24774,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/24767\/revisions\/24774"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media\/24772"}],"wp:attachment":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media?parent=24767"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/categories?post=24767"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/tags?post=24767"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}