Solar PV breaks 1GW in 2012, contraction ahead

A rush of demand before the withdrawal of government support means it's likely 1GW of solar was installed in 2012. In 2013 the market is likely to contract but a keeping up with the Jones' effect may soften the blow from changes in government policy.

Each year about this time, SunWiz sits down for a few days brainstorming with Nigel Morris (Solar Business Services) in which we gaze into a crystal ball and forecast how much solar power will be installed in Australia over the next five years. Last year the crystal ball was clouded by the inevitability of a roll-back of feed-in tariffs and a severe reduction in solar multiplier, which at one stage we feared could have crippled the solar industry.

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