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.
Budget 2026-27 upholds commitments to delivering secure, affordable electricity
The Clean Energy Council has welcomed the Albanese Government’s funding commitments to deliver faster environmental approvals as part of its productivity agenda that will include clean energy projects in this year’s Federal Budget.
Coalition transmission backflip puts Victoria's energy security at risk
The Victorian Liberal-Nationals announcement today to halt critical infrastructure projects VNI West and Western Renewables Link would leave Victoria with a weaker and less secure electricity system, that is increasingly exposed to coal outages as Yallourn heads towards closure.
Joint submission to AEMC on security framework enhancements and clarity and transparency in security
Our joint submission to AEMC on security framework enhancements and clarity and transparency in security frameworks calls for the consolidation of the two rule change proposals, improved governance of Essential System Services, clearer planning and reporting obligations and more streamlined procurement processes.
Submission on IPART’s Review of the regulatory framework for Supply Connection Infrastructure in NSW
Our submission to IPART’s review of supply connection infrastructure in NSW highlights that proposed additional regulation for dedicated connection asset (DCA) operators could increase barriers to entry. It also outlines alternative approaches to manage risks within existing frameworks, while maintaining competition to support investment in new renewable energy projects.
Clean Energy Council response to Channel 7 Spotlight program
Ensuring integrity in supply chains is a serious global issue that cuts across multiple industries worldwide, and it deserves sustained attention from governments, companies and civil society as well as the global community.
