Australia's solar financial investment decisions (FIDs) have hit a record 3.5GW in 2026, with energy minister Chris Bowen saying renewable energy investment "has already broken the annual record".
Australia's National Electricity Market (NEM) recorded a combined 3,893GWh of solar generation in August 2026, comprising 1,628GWh from utility-scale assets and 2,265GWh from rooftop systems.
Australia recorded its strongest quarter yet for rooftop solar installations, household battery storage uptake and large-scale solar investment in Q2 2026, according to the Clean Energy Regulator's (CER) latest Quarterly Carbon Market Report.