Australia’s Solar Power Boom Could Almost Double Capacity in a Year, Analysts Say

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A record-breaking month of rooftop installations and a flood of large-scale solar farms could almost double Australia’s solar power capacity in a single year, industry analysts say. A massive solar energy boom is being predicted for 2018, after an unprecedented number of industrial solar farms were approved by the New South Wales and Queensland governments last year. Last month also became the biggest January on record for rooftop installations, according to the renewables website RenewEconomy and industry analysts SunWiz. With 111MW of new panels, it saw a 69% rise compared with the same month last year and became one of the top five months ever – largely driven by low installation costs and a boost in commercial uptake. At the same time, nearly 30 new industrial solar farms are scheduled to come on line. NSW approved 10 solar farm projects last year – twice as many as the year before – and has approved another in 2018. Queensland currently has 18 large-scale projects under construction, which is the most in the country.

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Devon Energy

Devon Energy is a leading independent oil and natural gas exploration and production company. We have premier positions in North America's hottest plays, including the STACK, Delaware Basin, Eagle Ford, Barnett Shale, the Rockies and Canada's oil sands.

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