Australia sees 1.4GW of renewable energy generation committed to in Q3 2024

Facebook
Twitter
LinkedIn
Reddit
Email
This total exceeded the cumulative total from 2023. Image: EnergyCo.

Australia’s Clean Energy Council (CEC) has found that over 1.4GW of large-scale renewable energy generation projects worth over AU$3.3 billion (US$2.61 billion) were committed to in the third quarter of 2024.

According to the trade association’s latest Renewables Projects Quarterly Report, large-scale energy storage projects also saw 1,235MW/3,862MWh of energy output reach financial commitment during Q3 2024.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

The financial commitment for 1.4GW of large-scale renewable energy generation projects exceed the annual total for 2023, showcasing the continued growth in Australia’s renewable energy sector.

Iberdrola Australia’s Broadsound Solar Farm in Queensland was the largest generation project reaching financial commitment in Q3 2024, with a capacity of 376MW. The solar-plus-storage project, which includes a 180MW/260MWh battery energy storage system (BESS), started construction in early September.

Broadsound is located at Clarke Creek, around 860km northwest of Brisbane, and construction is anticipated to begin in mid-2026. Iberdrola Australia is working closely with the Barada Kabalbara Yetimarala (BKY) People on the site’s construction.

In Q3 2024, 10 projects were added to the construction pipeline, which stands at 1,188MW, with three, totalling 168MW, reaching the commission stage.

The CEC’s report states that, after flatlining in 2023, investment in onshore wind generation projects is steadily catching up to utility-scale solar PV in terms of cumulative capacity committed, with totals of 11.9GW and 14.9GW, respectively, since 2017.

Q3 2024 was also a big quarter for energy storage technologies, with Australia setting a new record for a rolling 12-month quarterly average with 3,282MWh.

You can read the full article on our sister site Energy-Storage.news.

Read Next

September 3, 2025
Developers Alight Neoen have commissioned the 100MWp Hultsfred Solar Farm in Småland, southern Sweden.
September 3, 2025
US residential solar prices have remained at historic lows in the first half of the year despite market uncertainty and continued high interest rates.
September 3, 2025
India has added 2.8GW of rooftop solar in H1 2025, a 158% year-on-year surge from just 1.1GW in the same period last year.
September 3, 2025
Huasun claims it has set new record efficiencies for HJT-perovskite tandem solar cells at both laboratory and commercial scales.
September 3, 2025
Singapore-headquartered independent power producer Peak Energy has broken ground on a 65MWp solar project in Isabela, in the Cagayan Valley region of northeast Luzon, Philippines. 
September 2, 2025
Q Energy has reached financial close for Taurus B, a portfolio of seven solar PV plants in Spain with a combined capacity of 251.71MWp.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines