The number of solar installers in Australia offering storage solutions has increased significantly in 2021 and promises to increase again this year, according to a survey by EUPD Research.
From pv magazine australia
German research agency EUPD Research has released new results from its annual survey of Australian solar installers. It focused on the preferred brands of modules, inverters and storage and looked at how companies are diversifying their offerings.
EUPD Research spoke to 200 companies, in cooperation with Australian analyst SunWiz. The results support industry claims of its shift in direction, driven by growing saturation. Over the two years from 2019 to 2021, EUPD Research and SunWiz found that Australia’s solar capacity grew at a compound annual growth rate of 26.7%. The residential segment accounted for most of this growth, followed closely by the utilities sector, while the commercial and industrial sector lagged behind.
The number of companies offering storage solutions increased significantly last year, from 41% in 2020 to 54% in 2021. About 30% of companies said they plan to include storage solutions in their portfolios by the end of 2022.
These figures confirm what Costa Bourandanis, sales director at wholesaler Supply Partners, recently said photo magazine on the saturation of the solar market in Australia. He said self-consumption is the biggest selling point of most solar systems today, with feed-in tariffs no longer a selling point.
This is hardly surprising, given that SunWiz estimated Australia’s cumulative installed solar PV capacity at the end of 2021 at 26.9 GW. For reference, the national electricity market demand since 2020 has stood at just over 30 GW, leaving very little room for other types of generation during the day.
Bourandanis said he is increasingly hearing about solar companies diversifying into electric vehicles (EVs) and batteries because exporting to the grid is unpromising. While EUPD Research’s “Market Briefing Australia” presentation didn’t talk at length about electric vehicles, presenter Saif Islam noted that 12% of Australian businesses already offer “electric mobility solutions”.
In Australia, one-third of installation companies accounted for 89% of all of Australia’s installed PV capacity in 2021. The remaining 65% of “low-volume” solar companies accounted for just 11% of installations.
For Scott Mason, general manager of Platinum Solar Designs, this signals a larger problem in the industry. mason said american magazine that monopolization is a growing problem that has been exacerbated by the current governance structure.
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