Australia’s investment in large-scale wind and solar hits six-year peak

Australia’s investment in large-scale wind and solar hits six-year peak
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Australia’s investment in large-scale wind and solar hits six-year peak
Author: Petra Stock
Published: Feb, 13 2025 02:41

Experts say latest results show clean energy investment is getting back on track, with $9bn committed in 2024.

Investment in large-scale wind and solar in Australia has reached its highest level in six years, with $9bn in capital committed to projects in 2024, new industry data shows.

According to the Clean Energy Council, financial commitments were made for 4,346MW of new renewable capacity last year. This was the highest level of investment the sector had seen since 2018, when industry was delivering on the bipartisan Renewable Energy Target.

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