Read our 2025 report for data and insights on the state of Australia's clean energy industry in 2024.
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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.
Submission on draft Matters of National Environmental Significance Standard
Our submission to AEMC’s draft report broadly supports proposed reforms but cautions against fixed network charges, which disincentivise solar investment and unfairly increase the relative costs for smaller energy users.
2025: A record-breaking year for Australian clean energy but investment in new wind and solar remain
The Clean Energy Australia 2026 report shows renewables hit 43% of national electricity last year; battery capacity tripled; while financial commitments for new generation fell 46%, threatening transition momentum.
Budget 2026-27 upholds commitments to delivering secure, affordable electricity
The Clean Energy Council has welcomed the Albanese Government’s funding commitments to deliver faster environmental approvals as part of its productivity agenda that will include clean energy projects in this year’s Federal Budget.
Coalition transmission backflip puts Victoria's energy security at risk
The Victorian Liberal-Nationals announcement today to halt critical infrastructure projects VNI West and Western Renewables Link would leave Victoria with a weaker and less secure electricity system, that is increasingly exposed to coal outages as Yallourn heads towards closure.
