Sun Power Shines Bright: Unveiling Australia's 2023 Solar Champions

The sun continues to be a beacon of hope for Australia's energy future, as 2023 witnessed a surge in solar installations across the nation. Leading solar research organization, Solar Nerds, has released its annual report, revealing fascinating insights into the industry's landscape and crowning the champions who are leading the charge towards a sustainable tomorrow.

Australians embraced solar power with open arms in 2023, installing a staggering 333,076 solar systems, generating an impressive 3 million kW of renewable energy. This translates to powering approximately 1.2 million Australian homes, a significant leap towards a cleaner and greener future.

The sub-100 kW category, encompassing residential installations, saw Sunboost emerge as the undisputed champion. They installed over 10,504 systems, capturing a notable 3.1% market share. This dominance extends to the even smaller 0-15 kW segment, where Sunboost further solidified its lead with over 10,000 installations.

While Sunboost dominated the residential space, other players emerged victorious in larger system categories:

• 15-40 kW: Origin claimed the top spot, showcasing their expertise in mid-sized commercial installations.

• 40-100 kW: AGL secured the win, demonstrating its strength in the larger commercial and industrial segment.

Beyond installations, Formbay Trading emerged as the frontrunner in the Small-scale Technology Certificates (STC) trading sector. They facilitated the trading of over 704,577 kW, playing a crucial role in the financial ecosystem of the solar industry.

Shining a Light on Each State:

Solar Nerds delves deeper, providing state-by-state breakdowns to showcase regional trends:

• New South Wales: Sunboost reigned supreme in most categories, while AGL emerged victorious in the 40-100 kW segment.

• Queensland: Origin dominated, with Springers Solar taking the lead in the 40-100 kW category.

• Victoria: Origin continued its dominance, with Energy Aware leading the 40-100 kW segment.

The remaining states, Western Australia, South Australia, Australian Capital Territory, Tasmania, and Northern Territory, also witnessed significant growth, with various companies leading the charge in different categories.

Driven by Solaris Finance, Solar Nerds goes beyond simply reporting statistics. They aim to empower the renewable energy market by providing valuable insights and data resources. Their offerings include:

• Installation leaderboards: Track the industry's top performers across various categories.

• Postcode-level data: Gain granular insights into solar adoption trends in specific regions.

• State breakdowns: Understand the unique dynamics of each state's solar market.

• Large-scale generation certificate (LGC) information: Gain insights into the large-scale renewable energy landscape.

2023 paints a bright picture for Australia's solar industry, with Sunboost, Origin, AGL, Formbay Trading, and various regional champions leading the way. As solar power continues to gain momentum, Solar Nerds remains at the forefront, providing valuable information and resources to illuminate the path toward a sustainable future.