Solar Electricity Generation in Australia - Market Research Report

Solar Electricity Generation industry trends (2014-2019)

poll Average industry growth 2014–2019: 163.4%

The Solar Electricity Generation industry has undergone a period of immense revenue growth over the past five years. Industry revenue is expected to grow at an annualised 163.4% over the five years through 2018-19, to reach $583.4 million. This growth has been driven by the development of a multitude of large-scale solar farms, which have increased industry generation capacity from less than 50 MW in 2014 to over 2,400 MW in 2018. Industry generation capacity is expected to continue growing in 2018-19, as a record number of solar projects come online. Industry revenue is expected to increase by 115.7% in 2018-19. The industry's rapid growth over the past five years is partly attributable to a high level of industry assistance. Various state and fede...
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Solar Electricity Generation industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

The industry is projected to grow strongly over the next five years. Revenue is forecast to increase at an annualised XX.X% over the five years through XXX-XX, to reach $X.X billion. This growth is anticipated to be driven by ongoing investment in new solar generation capacity, while wholesale electricity prices are forecast to decline. The number of industry establishments is projected to continue growing strongly over the next five years. Numerous large-scale solar projects are likely to be developed, particularly as ageing coal-fired power stations continue to shut down due to rising maintenance costs. New industry entrants are anticipated to focus on developing large-scale solar in conjunction with energy storage assets. This is forecast to incr...
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Solar Electricity Generation industry statistics

  • attach_money Market Size: $583m
  • business Number of Businesses: 49
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 617

Biggest companies in the Solar Electricity Generation industry

The companies holding the largest market share in the Solar Electricity Generation in Australia industry include Edify Energy Pty Ltd, Neoen Australia Pty Ltd, FRV Services Australia Pty Ltd, Enel Green Power Australia Pty Ltd, AGL Energy Limited and Sun Metals Holdings Limited.

  • pie_chart Edify Energy Pty Ltd Market Share: x.x%
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  • pie_chart Neoen Australia Pty Ltd Market Share: x.x%
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  • pie_chart FRV Services Australia Pty Ltd Market Share: x.x%
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  • pie_chart Enel Green Power Australia Pty Ltd Market Share: x.x%
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  • pie_chart AGL Energy Limited Market Share: x.x%
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  • pie_chart Sun Metals Holdings Limited Market Share: x.x%
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What is Solar Electricity Generation industry?

Industry Definition

Industry firms supply electricity to the wholesale market using large-scale photovoltaic generation systems, or solar thermal systems. Photovoltaic systems with a generation capacity of less than five megawatts are excluded from the industry.

Industry Products and Services

  • Electricity generation
  • Renewable energy certificates
  • All Others

Industry Activities

  • Solar electricity generation
  • Concentrated solar thermal electricity generation
  • Solar electricity storing and dispatching

Market research report - table of contents

Industry Definition

Industry firms supply electricity to the wholesale market using large-scale photovoltaic generation systems, or solar thermal systems. Photovoltaic systems with a generation capacity of less than five megawatts are excluded from the industry.

Main Activities

  • Solar electricity generation
  • Concentrated solar thermal electricity generation
  • Solar electricity storing and dispatching

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

The electricity service price index measures the change in the price of electricity for manufacturers. The wholesale price of electricity has a significan...
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Electricity service price
Demand from electricity retailing
Public concern over environmental issues
Demand from fossil fuel electricity generation

Current Performance

LGC price growth
Capacity growth
Industry assistance
Storing solar
 Chart: Revenue Growth

Industry Outlook

 Table: Solar Electricity Generation in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Solar Electricity Generation in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Electricity Retailing in Australia
Consumers in Australia





Key Selling Industries

Power Automation Products and Other Electrical Equipment Manufacturing in Australia
Industrial Machinery Manufacturing in Australia
Heavy Industry and Other Non-Building Construction in Australia
Heavy Machinery Repair and Maintenance in Australia



Products & Services

The Solar Electricity Generation industry generates revenue through producing electricity and selling renewable energy certificates that are created when ...
Commercial and services sectors
Households
Manufacturers
Mining firms
Utility providers
Other sectors

Demand Determinants

Demand for electricity is tied to trends in household, industrial and commercial energy consumption. As electricity is a homogeneous product, end users ar...
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Major Markets

Commercial and services sectors
Households
Manufacturers
Mining firms
Utility providers
Other sectors

 Chart: Major Market Segmentation for the Solar Electricity Generation in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The industry has moderate market share concentration, which has fallen over the past five years. Several companies have developed large-scale solar farm f...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Solar Electricity Generation in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Solar Electricity Generation in Australia - Market Research Report Industry

Industry Globalization

Edify Energy Pty Ltd is a privately owned firm, with multiple power generation and storage assets across Australia. Edify Energy operates in the industry ...
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Edify Energy

 Table: Edify Energy - financial performance

Neoen Australia

 Table: Neoen Australia - financial performance

FRV Australia

 Table: FRV Australia - financial performance

Enel Green Power Australia

 Table: Enel Green Power Australia - financial performance

AGL

 Table: AGL - financial performance

Sun Metals

 Table: Sun Metals - financial performance

Capital Intensity

Capital intensity in the industry is very high. Large-scale solar generation requires fairly minimal labour input after construction has been completed. S...
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 Chart: Level of Capital Intensity for the Solar Electricity Generation in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Solar Electricity Generation in Australia Industry

Industry Revenue (2007-2025)
Industry Gross Product (2007-2025)
Establishments (2007-2025)
Businesses (2007-2025)
Employment (2007-2025)
Exports (2007-2025)
Imports (2007-2025)
Wages (2007-2025)
Domestic Demand (2007-2025)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

GIGAWATT (GW)

GIGAWATT HOUR (GWH)

LARGE-SCALE GENERATION CERTIFICATE (LGC)

MEGAWATT (MW)

MEGAWATT HOUR (MWH)

RENEWABLE ENERGY TARGET (RET)

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Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

Why buy this report on the Solar Electricity Generation industry?

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This report on Solar Electricity Generation in Australia:

  • Provides Market Size information to assist with planning and strategic decisions.
  • Includes the necessary information to perform SWOT, PEST and STEER analysis.
  • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
  • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.

The Solar Electricity Generation in Australia market research report includes:

  • Historical data and analysis for the key drivers of this industry
  • A five-year forecast of the market and noted trends
  • Detailed research and segmentation for the main products and markets
  • An assessment of the competitive landscape and market shares for major companies
  • And of course, much more

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