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.
The CEC has welcomed the Albanese Government’s proposed reforms to the Environment Protection and Biodiversity Conservation Act 1999, describing them as a timely and balanced step towards protecting Australia’s environment while delivering the clean, reliable electricity needed.
Decommissioning Security Framework for Renewable Energy Projects
The Decommissioning Security Framework for Renewable Energy Projects establishes a nationally consistent assurance model for clean energy developments.
Clean energy industry proposes new national decommissioning approach to protect farmers
In an Australian first, the Clean Energy Council (CEC), together with the Queensland Renewable Energy Council (QREC), have today announced a national approach to renewable energy project decommissioning and financial security, offering farmers greater certainty while maintaining project viability.
Submission on grid-forming technology access standards approach paper
The Clean Energy Council welcomes the opportunity the opportunity to provide feedback to Australian Energy Market Operator on the grid-forming technology access standards approach paper.
Clean Energy Council Statement - Queensland Energy Roadmap
The Clean Energy Council acknowledges the release of the Queensland Energy Roadmap today by the Queensland State Government.
As coal plants retire, renewables backed by storage provide the lowest-cost and most reliable path to future-proof the State’s energy grid, maintain system security and deliver reliable energy for Queensland households and businesses.
