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

Solar power 'increasingly popular in Australia'

31st Jul 2012

Australians are getting behind solar panels in a big way, with installations across the country on the rise.

Or so says market research organisation IBISWorld, which has touted solar power as being at the forefront of electrical installation services in a new report.

It would seem that the government's drive for renewable energy is catching on with the public, with uptake figures described by one expert as "staggering".

David Stephen, an industry specialist at IBISWorld, said: "Revenue of $1.39 billion is expected for 2012-13, a staggering 40 times higher than the figure of just five years prior."

The number of businesses operating in solar energy has escalated, the report stated, just to cope with the sheer volume of household buyers.

It comes just days after a survey from the Climate Institute showed 81 per cent of Aussies placed solar power in their top three preferred renewables choices.

However, it's not all a bed of roses - or at least not completely. Solar power will need to tighten up on various fronts to prevent competition from other renewable energy sources looking for their piece of the pie.

The sector will need to think about cost efficiencies, design attractiveness and becoming more versatile if it is to continue bringing in new business, IBISWorld added.

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