Australia Poised to Add Over 7GW of Renewables
Australia Poised to Add Over 7GW of Renewables
Australia Poised to Add Over 7GW of Renewables
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Australia is poised to add over 7 GW of new renewable energy capacity in 2024, driven by significant investments in large-scale solar and wind, as well as continued strong growth in rooftop solar installations. The Clean Energy Regulator (CER) indicates that between 3 GW and 4 GW of large-scale capacity is expected to connect to the grid this year, up from previous estimates. In the first half of 2024, 1.8 GW of large-scale projects reached final investment decisions, surpassing last year's total. Rooftop solar PV installations are also robust, with projections suggesting an additional 3.1 GW could be added this year. However, the government's recent approval of coal mine expansions has drawn criticism from environmentalists, raising questions about its commitment to climate action. The contrasting developments highlight the ongoing debate over Australia's energy future as it aims to transition towards renewable sources.

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