2024 was the biggest year for clean energy investment since 2018
Read our summary of the quarterly investment report from Q4 in 2024.
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13 Feb 2025
Renewable energy investment reached new highs in 2024 with a massive $9 billion invested in renewable energy projects across the year, along with 10,000 new jobs.
The Quarterly Investment Report revealed that Australia had its best year for large-scale renewable energy investment since 2018 with 4,346 MW of new generation capacity.
Pleasingly 4,029MW / 11,348 MWh of new energy storage projects were also committed over the year.
The quarterly result, which saw 1,598 MW of new generation capacity committed across seven projects is in line with the pace required for Australia to maintain its timely transition to a grid powered by clean energy, in the face of ageing and increasingly unreliable coal fired power stations.
Highlights for the quarter include:
The rolling 12-month average reached 3,282 MWh of energy output in Q3. This represents a 95% increase from the same period last year and highlights our ongoing commitment to ensuring grid stability when renewable generation fluctuates.
Update on asbestos supply chain issue (wind turbines)
The Clean Energy Council (CEC) is continuing to work closely with wind industry manufacturers, relevant regulators and our member companies, following the discovery of asbestos within brake pads used in the internal service lifts of some wind turbines supplied by third-party manufacturers.
Long-overdue environmental reforms a milestone for sustainable development
The Clean Energy Council (CEC) congratulates the Federal Government on its successful negotiation of comprehensive reforms to the Environment Protection and Biodiversity Conservation Act 1999 (EPBC Act) with the Australian Greens, announced today.
Clean Energy Council welcomes new Board - 2025 AGM
The Clean Energy Council (CEC) held its 2025 Annual General Meeting yesterday with members electing three Directors to the Board of the CEC for a three-year term.
Submission: Consultation on Electricity System & Market Rules – DER - Roles & Technical Reqs
The Clean Energy Council welcomes the opportunity to provide feedback to Energy Policy WA (EPWA) on its Consultation Paper on the proposed Electricity System and Market Rules – Distributed Energy Resources: Roles and Technical Requirements.
Submission to the DCCEEW Solar Sharer Offer - Consultation Paper 2025-26
The CEC supports the underlying policy goal of improving demand flexibility across the grid to lower costs, make better use of renewable generation and reduce bills for all consumers.
