Mark Bailey, the Minister for Energy, Biofuels and Water Supply recently revealed that Queensland has achieved over 50 per cent of its quest to meet the Government’s 2020 solar target of producing 3,000 megawatts of generation capacity from installed solar panels.
The current PV inverter shipments worldwide are expected to hit a record 63.5 gigawatts in 2016 (up from 59.7 gigawatts in 2015), and are projected to reach 100 GW by 2021.
Enphase has announced its participation in the world’s first ever apartment building project that combines solar panels, in-house battery storage and energy management software all happening in Australia.
The New Energy Solar, an Australian sustainable investment fund has invested in the vast US solar market, acquiring a majority interest in two of California’s largest solar farms built by SunPower, a US-based PV giant.