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.
Clean energy investment surges, Australian energy security strengthens
In the first six months of 2026, more clean energy generation capacity reached financial close and more large-scale battery storage was switched on than across the whole of 2025, the Clean Energy Council (CEC)’s latest report has revealed.
Submission on AEMO's Market Visibility Framework consultation paper
In our submission to AEMO, we urge that the framework treat different commercial users and consumers differently and that any new obligations should support continued innovation and consumer participation and investment.
Submission on NEM Wholesale Market Settings Regulatory Reforms Consultation Paper
Our submission proposes that proposed legislative changes following the NEM Wholesale Market Settings Review should extend further to increase investor certainty including clearer principles, mandatory industry consultation and full transparency on pricing.
