commercial $300,000 with no financial approvals

no financial approvals for

commercial $300,000

With offer like that your customers won’t hesitate!

2024 Q1 Solar Installations

Australia recorded a total of 782,679kW of solar systems installed in the first quarter of 2024, marking a nearly 3% increase compared to the same quarter of the previous year. Of the total solar installations, 78% were in the Residential (0-15kW) category, with Sunboost emerging as the top installer in this segment. Small-Commercial (15-40kW) installations accounted for 13% and were predominantly carried out by Sun Retail, while the remaining 9% were in the Medium-Commercial (40-100kW) category, with AGL being the primary installer.

Sunboost took the lead in the total market share, surpassing Origin with a volume of 26,362kW, representing 3.37% of the market. Formbay Trading remained the top STC trader.

New South Wales saw the highest number of solar panel installations, accounting for 33.79% of the market volume, totaling 264,469.26kW. Additionally, 5,105kW of installations were completed in the suburbs with the postcode 2765.

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 first quarter of 2024 increased by 2.90%.

New South Wales

NSW

NSW achieved an impressive growth of 15.10% compared to the same quarter last year.

Queensland

QLD

From QLD alone, 24.94% or a volume of 195,177.51kW contributed to clean and sustainable energy.

Victoria

VIC

Victoria’s total system installation has experienced a 2.25% growth this quarter.

Western Australia

WA

8.74% of the total solar installations, equivalent to 68,427kW, have been completed in WA.

South Australia

SA

SA has experienced a significant decrease of 14.86% compared to last year’s quarter.

Australian Capital Territory

ACT

ACT only completed a few installations this quarter, representing a market share of 1.84%.

Tasmania

TAS

There has been a slight 1.69% increase in the total installed volume for this quarter compared to Q1 2023.

Northern Territory

NT

NT has the smallest number of solar installations, representing just 0.53% of the total 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.