Australia’s Clean Energy Finance Corporation (CEFC) has announced it has invested a record AU$4.7 billion (US$3.09 billion) in large-scale renewables, energy storage, and transmission projects during the 12-month period ending 30 June 2025.
The Queensland government has continued to crack down on renewable energy projects by enshrining new planning rules for solar PV into law, which strengthen social licence requirements.
Pilecom, a mechanical installer of utility-scale solar projects, has officially started work on European Energy’s 106MW Lancaster solar PV power plant in Victoria, Australia.
Planning uncertainty and policy instability regarding renewables in Queensland have seen it slip in investment attractiveness, with New South Wales now leading Australia.