Australia’s solar cliff looms
Some believe Australia has begun to tip over the “solar cliff,” reaching penetrations that are becoming disruptive to the balance of the grid and to the business models of solar companies themselves. Following notable exits from the market, alarm bells are ringing for solar companies to offer more than just solar installations, writes pv magazine’s Bella Peacock.
In February, one of Australia’s biggest rooftop solar players, Infinite Energy, announced it would be shutting its doors, citing “changing sector dynamics.” The company, which was owned by Japanese industrial giant Sumitomo Corp., had offices in every major region, and still said it could not uphold a “sustainable” business model. The closure was preceded by …
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