Ah, er, hum what about in winter and wot about at night time??? doesn't matter how big your solar collector is then. That's not to say we shouldn't do solar - of course we should, but the return time on investment is currently beyond our small short term money making mind. Oz has some great solar cell technology, see these flexible solar cells that could be used on the curved outsides of motor vehicles
Neither Solar energy nor Hydro are also not CO2 free. Hydro needs huge dams which uses concrete which emits more CO2. Mining and processing PV films also makes CO2.