Navigating the Solar Coaster: How US Tariffs Impact Australia''s
US tariffs are shaking up Australia''s solar sector—raising costs but also opening doors for local investment, innovation, and policy reform. Here''s what to expect over the next
A new UNSW study shows photovoltaic modules will lose efficiency and cost more to produce in hotter regions in Australia. Industrial large-scale photovoltaic (PV) modules are being rolled out across the country as solar technology is expected to become one of the largest sources of renewable energy worldwide by 2026.
The PV module supply chain is undergoing transformation in 2024, marked by oversupply, policy uncertainty, and low prices affecting manufacturing capacity expansion and factory utilisation rates. Oversupply has been central to the solar supply chain since the second quarter of 2023 but there are signs the trend is shifting.
PV module degradation is climate-dependant and very specific according to where they're installed in Australia. Dr Fiacre Rougieux, co-author of the study and lecturer in the School of Photovoltaic and Renewable Energy Engineering, says we need to have climate change front of mind when it comes to PV design.
Australia is rapidly adopting PV systems with more than 290,000 each year within the National Electricity Market (NEM). These systems offer tremendous benefits by serving as a zero-cost source of energy, displacing traditional generation methods, and reducing CO2 emissions.
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