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 Clean Energy Council and the Clean Energy Investor Group, Australia’s leading clean energy industry and investment peak bodies, warn that political grandstanding over net-zero targets risks undermining the investor confidence and policy certainty needed to build the cheap, clean and reliable power that Australians need.
Clean Energy Council welcomes NSW Liberals' support for Net Zero
The Clean Energy Council has welcomed the NSW Liberal Party’s reaffirmed commitment to Net Zero by 2050 and recognition that New South Wales must replace its ageing coal-fired power stations with modern, clean energy alternatives.
Clean Energy Council response to the Coalition's net zero announcement
The politics of net zero does not change the physics of our electricity system. Australia’s coal-fired power stations are closing whether we like it or not — more than 90 per cent are due to retire in the next decade. The fastest and cheapest option to replace the power is solar, wind backed by batteries and a bit of gas.
Submission to the AEMC on Integrated Distribution System Planning - Directions Paper (ERC0410)
The CEC supports the objectives of the proposed rule change and sees it as critical to enabling consumer energy resources (CER) uptake and virtual power plant (VPP) services by reducing uncertainty, improving hosting capacity visibility and lowering risk of stranded or constrained CER assets.
Joint submission into the inquiry into the Environment Protection Reform Bill 2025
We write with a joint submission on behalf of the Smart Energy Council and the Clean Energy Council. We have prepared this submission at the request of the Committee and in advance of our anticipated appearance at a Committee hearing on 14 November 2025.
Submission on VicGrid’s proposed changes to the connections and access framework
We welcome this opportunity to comment on VicGrid’s proposed draft connections and access consultation paper and the draft Grid Impact Assessment (GIA) Guidelines that will underpin the proposed connections and access regime to apply in Victoria from early 2026.
