House Tablet

Find The Best Solar Deals In Australia

  • 3 Free, No Obligation, Solar Quotes
  • From Fully Qualified Installers
  • With 1000’s of Customer Reviews
  • Competing for Your Business
Finn Peacock Caricature

Check Your Postcode for local solar power quotes

Cleantech scheduled to take centre stage

21st Mar 2013

While renewable energy has been in the spotlight in Australia for some time now, you may not realise quite the impact it's having here and the rate at which it is growing.

An Australian Cleantech Review reveals that in fact the national cleantech industry - defined as products and services that have an economic and environmental benefit, including renewable energy such as solar power, water, waste and recycling, energy efficiency and carbon trading - is becoming a lucrative business in Australia.

Sectors experiencing the biggest growth in the last year were solar energy, water, energy efficiency and green buildings.

The Australian Cleantech's Review analysed 1,340 Australian cleantech companies, and states that the sector has a revenue of $29 billion annually, employing 53,000 people.

"This is the fourth version of Australian Cleantech Review and it has been used extensively by investors and governments wanting to understand the sector," said John O'Brien, the leader of the study and the managing director Australian Cleantech.

"This year we have expanded the coverage of companies to provide a more detailed profile. We have found that it is already a significant sector and one that is growing fast."

While some of the signs are hopeful, Mr O'Brien fears that Australia is at risk of falling behind the world in terms of cleantech, in particular leading Asian economies such as China.

"We work extensively in China and Korea sourcing investors for the Australian market and the difference in the growth in those markets compared to Australia is huge. We have some great technologies and expertise and we have the opportunity to take these to the world."

The report also identified a number of trends to watch out for in the cleantech sector for 2013. One of these trends is the construction of commercial scale solar power systems.

In 2013 there will be five to ten large scale solar projects under construction in Australia, which will begin delivering power later in the year or in early 2014 - an encouraging statistic considering the fact that the incentive of solar feed-in tariffs has been discontinued. 

Commercial scale solar power systems that are already underway in Australia include The University of Queensland's rooftop solar panel system, which saves 1750 tonnes of carbon emissions each year, achieved through a staggering 5004 solar panels spread across 4 buildings.

Posted by Mike Peacock

Solar Power News Categories

Government Rebate & Regulations
Solar Power & Technology

More Solar Power & Technology

Australia to be a part of huge Asian renewable energy growth
SunPower steps up to make solar more affordable
Canberra makes strides toward carbon neutrality
GTM puts solar's massive growth in perspective
Examining Australia's falling solar PV rooftop prices
Australia's shift toward renewable energy picks up the pace
Australia shines at solar decathlon
University of Queensland tapped as lead researcher on massive solar project
100 per cent renewable energy is possible in 10 years, environmental group says
Climate Commission releases report on solar progress
Aussie government actually shows spine for solar power
Be gone, skeptics: One million solar installations and counting
Australia embarks on its greatest solar journey ever
Australia looks to solar thermal for commercial success
Solar power helps King Island reach 100% sustainability
Australians 'heavy supporters of solar power'
Mildura solar plant officially unveiled
Solar power trumps other renewables in Australian minds
Sunshine Coast solar farm "fantastic initiative"
Sunshine Coast cashes in on namesake with solar plans
Energy storage 'could maximise solar power utility'
Solar powered family car - a world first?
Code of conduct for solar installers in the works
'Stop punishing households' for solar PV
Australian solar companies 'adjusting well'
Australian mining 'next solar frontier'
"Rooftop revolution" underway across Australia
Global PV market emerging from sluggish period
Royalla solar farm receives final approval
Leadership challenge a "debacle" for Australian solar power
Solar power giving global renewables a helping hand
Australia's largest CPV solar power plant up and running
Renewable energy misinformation "staggering"
CEC: Don't underestimate consumer desire for solar
Setting energy efficient examples on TV
Solar PV brightening up household bills
World's largest solar powered boat on the move
Climate change is heating up
The global solar power shift
New solar tech win for NSW
Industry orgs praise City of Sydney solar efforts
Clean Energy Council supports Regional Renewables scheme
Asian nations emerging as PV leaders
Solar PV demand continues to grow
Regional areas of Australia to receive more renewables
Australia's significant renewable energy growth
Solar panel reprieve for Queensland
New funding for solar research
Find love with sustainable speed dating
New Victorian solar power deal