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Report Overview
The Australia solar energy market, valued at 78.70 GW in 2025, has seen significant growth, driven by its contribution to reducing greenhouse gas emissions and supporting Australia’s shift towards a cleaner, renewable energy future. The market is expected to grow at a compound annual growth rate (CAGR) of 16.50% from 2026 to 2035, potentially reaching 362.44 GW by 2035, as solar energy becomes more affordable, allowing both households and businesses to lower energy bills by generating their own power, leading to long-term savings.
- As per the Department of Climate Change, Energy, the Environment and Water, solar energy generation holds a share percentage of around 24.4% in 2021-2022.
- As per Clean Energy Council, the capacity of solar projects completed in 2022 in Western Australia was 13.6MW whereas for New South Wales, it was 150 MW.
- The automated solar panel cleaning machine is a technological innovation which helps in the cleaning of solar panels.
Compound Annual Growth Rate
16.5%
Value in GW
2026-2035
Australia solar energy market is comprised of technologies including concentrated solar power and solar photovoltaic. Solar energy consumption is contributing to the sustainable usage of energy.
As per the Department of Climate Change, Energy, the Environment and Water, solar energy generation holds the share percentage of around 24.4% in 2021-2022 whereas the growth percentage of the same is around 25.1%.
The Australia solar energy market is enhanced by the increase in technological innovations, renewable energy storage innovations, generation of a sustainable future, and low maintenance of solar panels.
The automated solar panel cleaning machine was launched in the Canning Vales by the Solar Energy Robotics as a step towards supporting sustainability.
Australia solar energy market development is attributed to the installation of concentrated solar thermal technology (CST) in the place of PV solar energy.
Community battery installation drives the Australia solar energy market growth as it allows residential buildings to reduce their energy bills.
Once installed, these solar panels don’t require much maintenance as they don’t have more parts installed in them thus driving Australia solar energy market growth.
March 2024
On grazing land near Winton, in Victoria, the construction of the first solar project of 56MW named Mokoan has begun by the Denmark-based European Energy.
July 2023
PV technology is being used to produce the latest solar panels as this technology has helped in increasing the efficiency of the solar panels. Perovskite solar cells are a type of PV technology.
September 2023
In Australia, the new rooftop solar panel has been launched with a 1komma5° electrification outfit. The power ranges provided by these rooftop solar panels include 415W, 420W and 425W.
October 2023
To increase efficiency and higher energy conversion rate, the REC group launched Alpha Pure-RX which is a new 470-watt rooftop solar panel.
Australia Solar Energy Market Trends
As per the Australia solar energy market report, innovations such as automated solar panel cleaning machines have helped in cleaning the solar panels. Moreover, the Australia solar energy market growth is being driven by the residential installation of community batteries which store solar energy.
The high usage of CST over PV is due to their easy access in the dark and high efficiency thus working as the renewable energy storage innovation. The innovation came to light as silver was being replaced by copper as it is comparatively cheaper than silver and plays a significant role in the production of the most efficient commercial-sized solar cells.
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"Australia Solar Energy Market Report and Forecast 2026-2035" offers a detailed analysis of the market based on the following segments:
Market Breakup by Technology
- Solar Photovoltaic (PV)
- Concentrated Solar Power (CSP)
Market Breakup by Solar Module
- Monocrystalline
- Calcium Telluride
- Polycrystalline
- Amorphous Silicon Cells
- Others
Market Breakup by Application
- Commercial
- Residential
Market Breakup by End Use
- Electricity Generation
- Heating
- Lighting
- Charging
Market Breakup by Region
- New South Wales
- Victoria
- Queensland
- Australian Capital Territory
- Western Australia
- Others
Based on the technology, Australia solar energy market share is led by solar photovoltaic (PV)
Australia solar energy market growth is being guided by the significant usage of concentrated solar power as these can store thermal energy at higher levels as compared to the photovoltaic cells. Thus, making them easily accessible for larger projects that require higher thermal energy indicates that the CSP is much more efficient as compared to the photovoltaic cells.
The Australia solar energy market growth is driven by monocrystalline
They are highly efficient as compared to the other types of solar modules. The sunlight-capturing ability is higher in monocrystalline as compared to the other, thus making them best suited for the formation of solar panels. Amorphous silicon cells are used in calculators as they store little energy as compared to conventional crystalline solar cells.
Based on the application, Australia solar energy market is driven by commercial applications
Commercially, solar energy can be used for various purposes including food processing, mineral processing, enhanced oil recovery etc. Thus, Australia solar energy market growth is being guided by the commercial use of solar energy as it helps in reducing the energy bills of commercial buildings and contributes to environmental protection.
The Australia solar energy market competitiveness has increased due to technological innovations, renewable energy storage innovations, generation of a sustainable future, and low maintenance of solar panels.
Darwin Solar Pty. Ltd.
Darwin Solar Pty. Ltd. is involved in providing products such as PV direct hot water, solar panels, PV direct hybrid solar air conditioning, PV direct irrigation, AC/DC hybrid pool systems etc.
Chint Group
Chint Group, is a South Australia-based energy solution provider. It provides various products including low voltage products, instruments and meters, automation, and new energy products such as CPS combiner box, Intersensor etc.
Hanwha Q Cells Australia Pty Ltd.
Hanwha Q Cells Australia Pty Ltd., is an energy solution provider company aiming at producing sustainable clean energy solutions. It offers various products including solar panels, home batteries and battery apps.
Sungrow Australia Group Pty Ltd.
Sungrow Australia Group Pty Ltd., is a solar inverter developing company. It offers various products such as power conversion systems, batteries, and energy storage systems among others.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other Australia solar energy market key players are SMA Solar Technology AG and among others
Australia Solar Energy Market Analysis by Region
As per Clean Energy Council, the capacity of solar projects completed in 2022 in New South Wales was around 150 MW whereas for Western Australia it was around 13.6MW. This indicates that the capacity of the solar energy projects completed was high in New South Wales as compared to that in Western Australia.
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 16.50% between 2026 and 2035.
The bicycle market is growing with an increase in technological innovations, renewable energy storage innovations, generation of a sustainable future, and low maintenance of solar panels.
Based on the technology, the solar energy market is bifurcated into solar Photovoltaic and Concentrated Solar Power (CSP).
Key players in the Australia solar energy industry are Darwin Solar Pty. Ltd., Chint Group, Hanwha Q Cells Australia Pty Ltd, Sungrow Australia Group Pty Ltd., and SMA Solar Technology AG among others.
Based on solar modules, the solar energy market is divided into Monocrystalline, Calcium Telluride, Polycrystalline, Amorphous Silicon Cells and others.
The different applications of solar energy include commercial and residential.
The market is broken down into New South Wales, Victoria, Queensland, Australia Capital Territory, Western Australia, and others.
In 2025, the Australia solar energy market reached an approximate value of 78.70 GW.
The market is estimated to witness healthy growth in the forecast period of 2026-2035 to reach a value of around 362.44 GW by 2035.
Report Summary
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| Report Features | Details |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Technology |
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| Breakup by Solar Module |
|
| Breakup by Application |
|
| Breakup by End Use |
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| Breakup by Region |
|
| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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