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.