victorian solar scheme - 250mwp ?

This is great news for the solar installation industry.

I calculate that 500GWhr annually would require about 270MWp peak of installed solar panels. Is this correct?

If so, interesting procedural matters arise. If subsidized in commercial and industrial set-ups to the point that the installations are even marginally profitable then uptake could be massive and immediate. This leads to boom & bust when the subsidy runs out.

What ways can Victoria run the scheme without stimulating a temporary frenzy?

http://www.theage.com.au/victoria/sun-rises-on-massive-power-scheme-20100721-10l5q.html