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 to NSW DCCEEW on changes to the Biodiversity Assessment Method
Our submission proposes a number of recommendations for changes to ensure the renewable energy sector does not face unintended consequences and challenges.
Submission on building AI infrastructure that works for Australia consultation paper
Our submission to the Australian Government on Building AI infrastructure that works for Australia calls for nationally consistent requirements linking new large data centre electricity demand with investment in new renewable energy and storage.
Submission to Industry-led Electricity Contract Co-Design Consultation Paper
The Industry Working Group released a September consultation paper on the contract structures to be procured under the Electricity Services Entry Mechanism (ESEM). In our submission, we welcome the fast, yet transparent and consultative process and the broad proposed package.
Submission on strengthening Australia’s response to modern slavery in supply chains
Our submission to the Attorney-General’s Department supports proposed reforms to the Modern Slavery Act 2018 (Cth) and provides recommendations on the design of the proposed ‘failure to prevent modern slavery offence’. It also includes renewable energy sector case studies highlighting practical supply chain challenges and considerations for implementation.
Australians backing rooftop solar, home batteries in record numbers
As conflict far from Australia’s shores drives up fuel prices and renews inflation pressures, households are increasingly taking energy security into their own hands.
