Banking on the solar PV leasing model

The solar PV sector in Australia – under pressure from subsidy cuts – will soon work out the new leasing business model can provide the key to significant growth in coming years.

For the past few years, the PV market in Australia has been driven by small-scale residential systems; primarily a result of government policies that only offered incentives to these types of systems. According to our recent Asia Pacific analysis, residential customers accounted for over 90 per cent of Australia’s PV demand in 2011 and contributed to year-on-year growth of over 75 per cent.

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