In 2020 residential solar systems in Australia made up the bulk of historical installations. Falling system costs have encouraged households to install larger configurations to offset expensive retail electricity bills, and as a result, today nearly one over four households has a solar PV system installed on the roof. But we are not just talking about households: increasingly, commercial and industrial businesses are generating their own energy.
After the early stages of Covid-19 pandemic, when the virus spread resulted in slowing down installation rates in the first few months of the year, rooftop solar installations had returned to normal. As a matter of fact, despite the impact of COVID-19 on Australian market, in 2020 Rooftop solar PV installations grew 18% in the country, with 333,978 installations for a total of 2.9GW capacity.
According to the customs data, the majority of PV modules circulating in Australia rooftop segment were mainly provided by tier 1 PV module manufacturers. Among them, JinkoSolar captured the highest market share of 16% in Australian DG market, selling more than 500MW of solar modules to Australia for rooftop distribution business. These figures, especially if put into the context of Covid pandemic, with the whole industry challenged by raw material shortage and price rise, represents another big milestone for the PV module supplier, making the company retain its crown as the top module supplier in the Australian PV rooftop market.
By hitting almost 3,000MW of capacity in new solar installations, the Aussie solar market has surpassed 13GW total capacity, and once again JinkoSolar positioned itself as the first module supplier in the market, reaching the highest results in terms of new rooftop installations.