Read our 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.
NSW turbocharges home battery savings with new incentive scheme
Today’s joint announcement by the Federal and NSW Governments to double the incentive for NSW households to install a solar battery on their homes and connect to a Virtual Power Plant (VPP), is a win for all NSW energy customers, by delivering lower energy bills – a policy the Clean Energy Council has long-advocated for and has today welcomed.
WA home battery incentives to electrify savings and protect consumers
The Cook Government’s announcement of details for the $337 million residential battery rebate scheme is a major win for WA households, helping to slash power bills and make clean energy more affordable for families across the state.
Big battery investment charges up in Q1 2025 - New Clean Energy Council report
The first quarter of 2025 was the second best on record for investment in large-scale Battery Energy Storage Systems (BESS) in Australia, with six projects worth $2.4 billion in total reaching the financial commitment stage – delivering an extra 1.5 GW in storage capacity and 5 GWh in energy output, according to new figures released by the Clean Energy Council today.
Industry, community and environment, union and science leaders unite in urgent call for EPBC reform
In an unprecedented show of unity, and in the face of the escalating impacts of climate change and rapid biodiversity loss, industry, community and environmental organisations are calling on the Albanese Government to deliver its long-awaited reforms of the Environment Protection and Biodiversity Conservation (EPBC) Act.
Clarity for clean energy planning unblocks project delays in Victoria
The Victorian Department of Energy, Environment and Climate Action’s Handbook for the Development of Renewable Energy in Victoria, released today, is a landmark document that resolves years of uncertainty and provides much-needed guidance on how to assess and manage the impacts of renewable energy developments in the state.
