commercial $300,000 with no financial approvals

no financial approvals for

commercial $300,000

With offer like that your customers won’t hesitate!

2023 Q1 Solar Installations

Australia recorded a total of 760.6 megawatts of solar systems installed in the first quarter of 2023, marking an impressive 11% growth compared to the same quarter of the previous year. Of the total installations, 80% were in the Residential (0-15kW) category, with Sunboost emerging as the top installer. Small-Commercial (15-40kW) installations accounted for 11% and were predominantly carried out by Origin, while the remaining 8% were in the Medium-Commercial (40-100kW) category, with AGL being the primary installer.

Origin took the lead in the total market share, surpassing Sunboost with a volume of 24.6 megawatts, representing 3.25% of the market. Formbay Trading remained the top STC trader.

NSW saw the highest number of solar panel installations, accounting for 30.2% of the market volume, totalling 229.7 megawatts.

For additional solar statistics and insights, take a look at our Solar Nerds reports catalogue.

Quarterly Wrap-up reports

national

national

The total solar panels installed in the country in the second quarter of 2023 increased by 10.62% compared to last year.

New South Wales

NSW

NSW solar installations grew 10.62% compared to the same quarter last year.

Queensland

QLD

From QLD alone, 24.83% or 188.8 megawatts contributed to clean and sustainable energy.

Victoria

VIC

Victoria’s total system installation has increased by 13% from the same quarter of last year.

Western Australia

WA

9.36% of the total solar installations, equivalent to 71.2 megawatts, have been completed in Western Australia in Q1 of 2023.

South Australia

SA

South Australia’s solar installation remained stable with a 4.87% increase in the first quarter of 2023 compared to the same quarter of the previous year.

Australian Capital Territory

ACT

A small portion of the total solar installations have been completed in ACT with a market share of 3.2%. 

Tasmania

TAS

Though Tasmania only contributes 1.42% of the market share. Solar installations in the region show a significant increase of 44.30% from the previous year.

Northern Territory

NT

Northern territory’s solar installations are minimal, with only 0.55% of the market share.

Advertisement

Powered by Industry Insiders

Solar Nerds is brought to you by Solaris Finance. We have been working with solar vendors since 2016, offering easy and secure financing.

We don’t require any customer cash upfront, which makes us the ideal business enabler. Structure your deals as cash flow positive!

Our finance partners

We partner with over 20 of Australia’s most reliable and agile financial institutions to deliver the right finance solution for your project and your customer.

This means we can grant formal approvals within 24 hours, so you can lock in projects faster.

Keep your ear to the ground

Be the first to know about our updates

    Advertisement

    *Comparison Rates based on $30,000 green loan repaid over 60 months. WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

    © Copyright 2024 Solaris Finance – ABN 97 602 722 805. All Rights Reserved.

    © Copyright 2024 Solaris Finance

    ABN 97 602 722 805. All Rights Reserved.