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Medtech

Australia's Rooftop Solar Surges Despite Broader Renewable Lag

Summary generated with AI, editor-reviewed
Heartspace News Desk
Source: Bloomberg.com
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Key takeaways

  • Australia is poised to exceed its 2030 rooftop solar targets, according to a recent report from the Clean Energy Council
  • This significant growth in solar panel and battery installations is effectively compensating for declines in broader renewable energy investment and large-scale projects
  • The Clean Energy Council, a renewable energy advocacy group, reported that as of June, approximately 27 gigawatts of rooftop solar capacity had been installed by households and small businesses
Australia is poised to exceed its 2030 rooftop solar targets, according to a recent report from the Clean Energy Council. This significant growth in solar panel and battery installations is effectively compensating for declines in broader renewable energy investment and large-scale projects. The Clean Energy Council, a renewable energy advocacy group, reported that as of June, approximately 27 gigawatts of rooftop solar capacity had been installed by households and small businesses. This figure is on track to reach 37.2 gigawatts by mid-2030, surpassing the national target by over 4%. This strong performance in the rooftop solar sector stands in contrast to a noticeable lag in other areas of renewable energy investment across Australia.

Related Topics

rooftop solarbattery storagerenewable energyAustraliaenergy targetsdistributed generation

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