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

Summary at a Glance

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.

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

This was the highest level of investment the sector had seen since 2018, when industry was delivering on the bipartisan Renewable Energy Target.

According to the Clean Energy Council, financial commitments were made for 4,346MW of new renewable capacity last year.

Sign up for Guardian Australia’s breaking news email.

Share:

More for You

Top Followed