Australia’s new prime minister vows to make country ‘renewable energy superpower’

Facebook
Twitter
LinkedIn
Reddit
Email
Anthony Albanese has been sworn in as Australia’s 31st prime minister. Image: Australian Labor Party via Twitter.

Australia’s new prime minister, Anthony Albanese, has pledged to make the country a renewables “superpower” following his Labor Party’s victory in Saturday’s federal election, which ousted predecessor Scott Morrison’s conservative coalition.

Addressing supporters in a victory speech in Sydney, Albanese said: “Together we can end the climate wars. Together we can take advantage of the opportunity for Australia to be a renewable energy superpower.”

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

He was sworn in as Australia’s 31st prime minister today before travelling to Tokyo for a meeting of the Quad security group, comprising Australia, India, Japan and the US.

In a press conference earlier today, Albanese said the meetings will “send a message to the world” that Australia’s new government “represents a change in terms of the way that we deal with the world on issues like climate change”.

Returning to power following nine years in opposition, Labor is currently leading in 75 seats in the 151-seat lower house, according to the Australian Electoral Commission, while independents and the Greens look set to win at least a dozen seats as candidates successfully campaigned on curbing emissions.

Ousted prime minister Scott Morrison has faced fierce criticism for failing to take more action to limit Australia’s emissions. While his government released a plan last year to reach net zero emissions by 2050, research group Climate Action Tracker says the strategy will not achieve that target, falling short “by a considerable margin”.

“Over almost nine years in office, the Liberal-National government’s approach to climate action ranged from inadequate to non-existent,” said Amanda McKenzie, CEO of Australian climate change communications organisation the Climate Council.

“Australians have been very clear on what they want: decisive climate action this decade. We are one of the sunniest and windiest countries on earth – the opportunities and advantages we have are off the charts. But only if we grasp them, and fast.”

Labor campaigned on a pledge to reduce Australia’s emissions by 43% from 2005 levels by 2030, compared with the Morrison administration’s goal of a 26 – 28% cut.

Labor is also targeting 26GW of installed renewables capacity by 2030, increasing overall renewable penetration to 82% in Australia’s National Electricity Market (NEM), up from 68% under a business-as-usual approach.

As part of Labor’s Powering Australia plan, AU$20 billion (US$14.2 billion) will be allocated to upgrade the country’s electricity grid so it can handle more renewable power.

Published last year, Powering Australia includes funding for 85 solar banks that will help provide cheaper electricity for more than 25,000 households that are said to be locked out of rooftop solar, like renters and low-income households. It also features a strategy to install 400 community batteries “to maximise the benefits of Australia’s rooftop solar transformation”, support the grid and provide shared storage for up to 100,000 households.

The Climate Council has recommended that Labor go further in its ambitions as it pushes for Australia to cut emissions by 75% by 2030 and reach net zero by 2035.

Climate Council researcher Wesley Morgan said Australia is “well-placed to be a renewables superpower”, adding: “The new prime minister needs to ensure we are taken seriously on the greatest and most pressing issue of our time.”

Research published last month by renewables association the Clean Energy Council found that while renewable energy now accounts for 32.5% of Australia’s electricity, there has been a slowdown in financial commitments for new plants, in part due to grid connection challenges.

Read Next

Premium
May 11, 2026
In this interview, UNSW's Yansong warns the solar industry will exhaust global silver reserves in five years unless commercial-scale recycling infrastructure is developed.
May 11, 2026
Yindjibarndi Energy Corporation (YEC) has reached financial close on the 150MW Jinbi solar PV power plant in Western Australia's Pilbara region and signed a 30-year power purchase agreement (PPA) with mining giant Rio Tinto.
May 8, 2026
Solar PV installations have reached a record 14.4GW in the first quarter of 2026, according to a report from the Institute for Energy Economics and Financial Analysis (IEEFA).
Premium
May 8, 2026
PV Talk: Cristiano Spillati of Italian renewables developer Limes Renewable Energy discusses the dynamics shaping the evolution of European solar.
May 8, 2026
Australia's utility-scale solar sector must halve generation costs to around AU$25-30/MWh (US$18-22/MWh) to unlock a pipeline of projects capable of delivering the 10GW of annual capacity additions needed for decarbonisation, according to the Australian Renewable Energy Agency (ARENA).
May 7, 2026
New customer additions and capacity of solar PV and BESS have all fallen quarter-on-quarter in the latest financial results from Sunrun.

Upcoming Events

Solar Media Events
May 20, 2026
Porto, Portugal
Upcoming Webinars
May 27, 2026
9am BST / 10am CEST
Media Partners, Solar Media Events
June 3, 2026
National Exhibition and Convention Center (Shanghai)
Solar Media Events
June 16, 2026
Napa, USA
Media Partners, Solar Media Events
August 25, 2026
São Paulo, Brazil