Non-profit organisation Climate Council has signalled that Australia, the global leader in rooftop solar PV installations, could add a further 26.4GW by the end of the decade, bringing its total to 49.4GW.
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.
Australia’s 2022-23 Federal Budget has “missed the mark” when it comes to supporting the energy transition and has neglected investment in transmission infrastructure over investing in fossil fuels at a critical junction in Australia’s decarbonisation journey, said the Clean Energy Council (CEC).
The government of New South Wales has earmarked AU$750 million (US$578.5 million) to invest in climate action projects in a bid to reach net-zero carbon emissions by 2050.
Ambitious proposals to ramp up green hydrogen production in Chile and South Australia have been announced this week, as both look to take advantage growing supplies of renewables to help decarbonise their economies and meet green energy targets.
The rapid development of distributed and large-scale solar has resulted in an improved reliability outlook for the majority of Australia as it prepares to enter summer.
Western Australia will invest AU$56.3 million (US$40.11 million) in solar power as part of a new renewable energy plan designed to kickstart the state’s economy following the impacts of the COVID-19 pandemic.
Australia has the potential to create up to 15,000 jobs in large-scale renewable energy, including solar and wind farms, an analysis commissioned by the Climate Council says.
The South Australian state gov has greenlit Neoen's A$500m hybrid renewables project. Plus: More than one-third of Queensland households now have rooftop solar, according to new report.