According to GlobalData, solar thermal power accounted for 0.01% of Australia’s total installed power generation capacity in 2021. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Australia Solar Thermal power Analysis: Market Outlook to 2035 report. Buy the report here.
Overall, Australia’s solar thermal power generation capacity grew by a CAGR of 13% from 2010 to 2021, to reach 11MW, and generation grew by a CAGR of 2% to reach 4GWh in 2021.
Installed capacity is forecast to increase by 254MW from 2022 to 2035, at which point solar thermal power is expected to account for 0.14% of total installed generation capacity.
For more detailed analysis of the solar thermal power sector in Australia, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Power Plants database provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide, while its macro indicators database provides historic and forecast power generation and generation capacity by technology as well as consumption, imports and exports for over 170 countries.
