The Australian Government has announced plans to increase the amount of solar electricity generated in Australia by more than 40 per cent.
Key points:The solar industry is booming in AustraliaSolar is currently only distributed in one state, VictoriaThe plan is to boost the amount by 50 per centThe plan would see up to 3GW of solar power installed in the countryThe move comes after the federal government announced a $10 million investment in solar panels and technology in the lead up to the Commonwealth Games in Melbourne in 2020.
In a statement, the Australian Energy Market Operator (AEMO) said that over the next four years, the government would aim to increase its solar generation capacity by at least 50 per-cent.
It said that it would target renewable energy projects in Victoria, New South Wales, South Australia, Western Australia and Tasmania.
The solar market is booming.
Solar is now only distributed by Victoria in the state of Victoria, and the company that manages the program, The Solar Council, has said that solar is the fastest growing renewable energy technology in Australia.
The company said that the increase in solar generation would increase the overall amount of electricity generated, but it would be delivered through the solar power system.
Solar panels generate about 2.5 per cent of the electricity used in Australia, but according to the Australian Solar Association, they account for about 80 per cent or a whopping 40 per- cent of total generation.
Solar panel manufacturer SolarCity has said it is looking at building a new facility in Victoria to build out its capacity.
The Federal Government is also committed to increasing the amount that renewable energy can be delivered to Australia.
Earlier this year, Prime Minister Malcolm Turnbull announced that the government will invest $20 million into a program to encourage the construction of new solar panels in Australia’s biggest city, Melbourne.
Topics:energy,energy-and-utilities,environment,environmental-impact,climate-change,environment-policy,solar-energy,government-and/or-politics,parliament,government—state-issues,parole,government,melbourne-3000,vic,ausFirst posted April 06, 2021 06:51:37Contact Nicola DeardenMore stories from Victoria