18 Aug '11, 8am

Australia Solar Power Moving Ahead, But Slowly | Use Celsias.com

Australia’s solar market is sending mixed signals. Bearish analysts point out that that large-scale solar power investment will benefit significantly from either Australia’s 2020 renewable energy target (RET) or the government’s proposed carbon tax. The domestic market for solar panel installations has recently shrunk dramatically as states and territories scale support tariffs that are now viewed as too generous, while the federal government steadily lowers subsidies for small-scale solar under the RET, the Sydney Morning Herald reported. Solar Energy Industries Association chairman Ged McCarthy riposted that the Productivity Commission’s data was flawed, as it had underestimated the emissions abatement by assuming every solar power system in Australia was 1.5 kilowatts and that the commission ''then overstated the subsidy provided to solar power by guesstimating that 50 ...

Full article: http://www.celsias.com/article/australia-solar-power-movi...

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