Australia has around 5,516MW of solar PV projects currently in financial commitment or under construction, with the majority of these based in Victoria (4 September).
Australia’s Clean Energy Council (CEC) has been nominated by the Clean Energy Regulator (CER) to be the solar module and product listing body under the small-scale renewable energy scheme (SRES).
Australia’s Prime Minister has announced an Inflation Reduction Act-style investment package to stimulate a domestic clean energy manufacturing industry.
Continued growth in rooftop solar and “record-breaking” investment into utility-scale energy storage led renewable energy to fulfil almost 40% of Australia’s electricity supply in 2023.
Despite having the ideal attributes to become a clean energy superpower, Australia has never quite lived up to its potential. Will Norman assesses the barriers and asks whether recent investment announcements could turn the tide.
Investment in renewable projects in Australia has continued its slow trend in the third quarter of 2023 with only two new projects achieving financial commitment, according to trade body the Clean Energy Council (CEC).