Common sense tells us that a nation like the UK, famous for its drizzly climate and overcast skies, would struggle to be considered a global solar industry superpower. Yet, current deployment rates, national targets, and investment, suggest that’s where we are headed.
In fact, our solar industry is booming, with 15.8GW currently deployed and aims to achieve 70GW by 2035 (a near five-fold increase from where we are now). Whilst an ambitious target, it too is achievable when you consider the scale of the UK’s solar industry today, which saw a record-breaking increase in rooftop solar in 2023.
Becoming a leader in the solar race
Anyone who has enjoyed a British summer can tell you that countries like Australia have a clear advantage to the UK in the solar race – sunshine. With its sunny climate – and in turn, high levels of irradiation – it’s no wonder solar became economical very early on.
The country’s early-mover status saw solar become a staple in Australia’s households, with one in every three homes hosting solar on its roof and putting the country on the map for one of the highest penetration rates of household solar.
Today however, Australia’s solar sector has been slowing. A recent report by the Clean Energy Council pointed to a solar downturn in Australia in 2023. The report quoted ‘particularly poor’ investment in large-scale plants resulting in financial approvals for new solar farms shrinking more than a third.
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