Read our 2025 report for data and insights on the state of Australia's clean energy industry in 2024.
Share this report
28 May 2025
Clean energy investment soared in 2024, led by a significant uptick in new financial commitments to large-scale generation and another strong year for big batteries. Meanwhile, rooftop solar continued to lead the transition in terms of capacity added.
It is critical that industry, governments, communities and other stakeholders work together to maintain the momentum that has been built in recent years and double down on Australia’s extraordinary clean energy potential.
That includes $9 billion for new large-scale generation projects - the highest single year ever, and the highest since the boom of 2018. That includes $5.8 billion of new investment commitments for wind projects - the highest yearly figure since the Clean Energy Council began reporting data in 2017.
With 3.2 GW of new capacity added, rooftop solar led the energy transition in 2024 - almost reaching the rooftop solar record of 2021.
It was fifth year running that more than 300,000 rooftop solar installations took place, and rooftop solar now generates over 12% of Australia's electricity.
1.3 GW of large-scale solar and 836 MW of onshore wind was added to the grid in 2024.
Many of the headwinds for large-scale energy projects remain from recent years, including slow planning and environmental assessment processes in some jurisdictions, higher costs and tighter markets for equipment and labour.
Data centres can power Australia's next nation building era
The Clean Energy Council has today released a framework to leverage Australia's rapidly booming data centre industry into a catalyst for billions of dollars in new electricity investment while avoiding pressures being placed on existing electricity users.
Submission on the National Environmental Standards for Community Engagement and Data and Information
Our submission to DCCEEW on the proposed National Environmental Standard (Community Engagement) 2026 and National Environmental Standard (Data and Information) 2026 recommends changes to reduce duplication with state planning requirements, clarify proponents' responsibilities and improve the consistency and practicality of the proposed standards.
Submission on CFA design guidelines and model requirements for renewable energy facilities
Our submission to the draft CFA Design Guidelines and Model Requirements for Renewable Energy Facilities (Version 5) outlines concerns that proposed changes could constrain renewable energy development across regional Victoria.
