[Solar: Australia’s NEM rooftop solar capacity rises to 26.4GW]

Published: Jul 29, 2026 09:35

Save

AEMO data show that cumulative rooftop solar capacity in Australia’s National Electricity Market increased from 25.7GW at the end of Q1 2026 to 26.4GW by the end of Q2, across around 3.9 million installations. Household battery storage capacity in the NEM grew by almost 3.3GWh, or 41%, during the quarter. A total of 14 new grid-scale generation and storage projects reached full output in Q2, adding 3.9GW of capacity, including 2.7GW of battery capacity. These additions lifted the renewable share of NEM generation to a Q2 record of 42.1%, while distributed PV output averaged a record 2,520MW, up 6.9% YoY. AEMO said higher renewable output pushed average wholesale electricity prices down 47% YoY to AUD 74/MWh.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Aug 13, 2026 19:00

Stable Operating Rate Pattern for PV Frames Unlikely to Change in the Short Term; Production Resumptions at Aluminum Plants Outside China Accelerate, Market Sentiment Shifts [SMM Analysis]

Aug 13, 2026 19:00

Aug 13, 2026 16:35

Silver Retreated After a Rapid Rise This Week, Up 3.29%; Futures Remained Firm and Spot Discounts Widened [SMM Silver Weekly Review]

[SMM Silver Weekly Review: Silver Retreats After Rapid Rise This Week, Up 3.29% on the Week; Futures Stay Firm While Spot Discounts Widen]Silver prices retreated after a rapid rise this week, gaining 3.29% on the week. Negative nonfarm payrolls and cooling rate-hike expectations pushed prices to a mid-week high, but the market turned cautious after the CPI release. Spot premiums gradually shifted to discounts, showing a divergence pattern in which futures were strong while spot was weak. Inventories saw a 74 mt buildup, and ETF holdings edged up. In the short term, prices are likely to consolidate; over the medium and long term, watch for upside opportunities after the rate hike path and geopolitical situation become clearer.

Aug 13, 2026 16:35

Aug 13, 2026 16:32

Nonfarm Payrolls + CPI Served as Dual Catalysts, and Precious Metals Futures Closed Sharply Higher This Week [SMM Precious Metals Macro Analysis]

Precious metals fluctuated at highs overall this week, with spot gold rallying from $4,240 to above $4,440 and hitting a two-month high. The core drivers were a sharp downside surprise in July nonfarm payrolls and a mild pullback in CPI; expectations for a US Fed interest rate hike in September cooled significantly, the US dollar and US Treasury yields both pulled back, and central bank gold purchases accelerated. Watch for a rebound in oil prices, supply pressure in US Treasuries, and a short-term technical pullback.

Aug 13, 2026 16:32