Huon Talks Commercial Solar Boom In Fin Review

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Huon spoke with the Australian Financial Review about growth in commercial solar.  Here's an excerpt:

The roll-out rate for solar panels across the nation's rooftops has almost doubled over the past year as more commercial property landlords embrace the business case for such installations.

While the growth in solar installation has been relatively flat in the five years preceding, it has surged in the past year, according to an analysis by consultancy Smart Commercial Solar presented at the All-Energy Australia conference this month.

So far, there is around 6GW of solar capacity installed across the country, equivalent to around 3 per cent to 4 per cent of the national energy market, according to managing director Huon Hoogesteger.

Under the current trajectory an additional 16GW could be put up over the next three years, on the consultancy's forecast.

Read more here.

The Solar Juggernaut is Coming

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Renew Economy interviewed Huon on his talk about the coming solar juggernaut at All-Energy last week.  Here's an excerpt:

It is perhaps not surprising that the fossil fuel industry has hit the panic button and is pushing hard for the Turnbull/Abbott Coalition government to dump the proposed clean energy target and replace it with something that might be called a coal energy target.

They can see what’s coming – and there is probably no better way to describe it than a solar juggernaut.

The fact that solar will become the dominant energy source appears to be under no doubt, even the International Energy Agency admits it. And the CSIRO and AEMO appear to be in agreement that even behind the meter solar will account for around half of all demand by the 2040s or 2050s.

But what if it happened a lot quicker than that? Australia’s grid prices have jumped again to absurdly high levels, and this has lit a fire under the rooftop solar market, which will be followed by a major push by corporate buyers into the large-scale market. The solar sector could boom in ways not previously imagined.

Read more here: http://reneweconomy.com.au/australias-solar-juggernaut-is-coming-quicker-than-anyone-thinks-70985/

Energy Business News Talks To Huon and Smart Commercial Solar

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Energy Business News spoke to Smart Commercial Solar's Huon Hoogesteger in the run up to All Energy.  Here's an excerpt:

Storage is a major theme at All Energy Australian 2017 this week, and one of the key participants was Huon Hoogesteger from Smart Commercial Solar, the firm’s founder. Huon answered some questions from EBN in this Q&A aboutenergy storage trends and making the smart grid a success.   

There would seem to be a new wave building of larger scale solar installation. Where do you think this market is at and how do you assess its potential?

We really are witnessing an energy revolution and it’s amazing to me that this isn’t front page news every day. Even long-time industry experts have been taken by surprise by the drop in solar prices, and large-scale solar installation has massive potential. Solar business cases are now 50 to 100 per cent stronger than they were just 12 months ago. The typical business case for ROI is now around 3 years which puts it well within the range for most businesses. Not only that, many solar projects are now cash flow positive from day one, meaning that even after loan repayments are taken into account, a business will spend less from the start. Let’s think about that for a second: solar is now so cheap that it is cheaper to borrow money to install solar than it is to continue to pay electricity bills from conventional power. The disruption these economics will have is only just beginning to be felt.

What are the drivers for corporates to invest in their own solar installations?

Bill shock. For the first time corporates have realised that energy, one of their key overheads, is a threat completely outside of their control. The driver for most corporates is the gap between what they have to pay for conventional power and how much less they will pay if they install solar. We’ve seen companies in long-term energy contracts watch as these contracts expire and they face 50 per cent or more increases in their power bills —in some cases, they are literally looking at energy bills that could be business killers. Bill shock is going to last for a very long time, it is not going away. Solar is the obvious solution to this problem. Beyond economics, what we are seeing is the economics align with the sustainability goals and that’s great to see.

Read more here: http://www.energybusinessnews.com.au/storage/storage-part-revolution/

Huon on The Future of Solar At All Energy

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In the run up to All Energy Australia (Australia's Most Comprehensive Clean and Renewable Energy Event) and Huon's participation as a panelist and speaker, Sustainability Matters has delivered a sneak peak:

Renewable energy subsidies continue to be a hot topic of debate in Australia. Smart Commercial Solar’s Huon Hoogesteger believes serious conversations within the industry need to happen to discuss how best to steer the country in the right direction.

At next month’s All-Energy Australia conference in Melbourne, Hoogesteger — the founder and chief executive of Smart Commercial Solar and a solar energy entrepreneur— will discuss the future of solar, storage and the energy market.

“At All-Energy Australia, I will be speaking about the need to start building for the future of the energy industry right now. I believe we are at a critical turning point as an industry, and if we don’t prepare for the future now by being flexible and bringing data and analysis together, we’ll face some serious difficulties,” Hoogesteger said.



Read more: http://sustainabilitymatters.net.au/content/sustainability/article/building-the-future-australian-energy-market-with-huon-hoogesteger-666715247#ixzz4ubSzBslo

 

Read more here.