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Advocacy

Industry snapshot

Renewable energy in Australia is booming. This page highlights current and future projects supplying clean, affordable power to the electricity market.
<p>Industry snapshot</p>
A CLEAN FUTURE

Our path to net zero

The renewable energy sector is experiencing unprecedented activity across Australia.

Here we provide a snapshot of renewable energy projects that are under development around the country which will soon be feeding clean, low-cost energy into the Australian electricity market.

You can also track the current split of renewable and other sources of Australia's energy generation on the OpenNEM website, a publicly accessible platform of National Electricity Market (NEM) data aimed to facilitate better public understanding of the market and inform decision making on the energy transition.

39.4%

of Australia's energy generation came from renewable sources in the last 12 months.

3.7m

rooftops across Australia have solar panels installed, helping lower electricity bills.

30k

Australian workers are currently employed directly in the clean energy industry, and that figure is rapidly growing.

Large-scale storage and generation projects under construction

There are currently projects under construction all across Australia, or due to start soon (based on projects that have reached financial close and not yet commissioned).

These wind, solar, storage, hydro and bioenergy projects will deliver billions of dollars in capital investment, and hugely increase Australia's renewable energy generation and storage capacity.

Queensland Northern Territory Western Australia South Australia Victoria New South Wales TAS

6 projects

under construction or financially committed

1380 Megawatts

of capacity

2810 MWh

of energy storage

$630m

of total investment

2 projects

under construction or financially committed

41 Megawatts

of capacity

38.5 MWh

of energy storage

$38.3m

of total investment

11 projects

under construction or financially committed

1235 Megawatts

of capacity

3986.4 MWh

of energy storage

$3333.8m

of total investment

8 projects

under construction or financially committed

1147 Megawatts

of capacity

2354 MWh

of energy storage

$1156.2m

of total investment

7 projects

under construction or financially committed

1735.5 Megawatts

of capacity

4327 MWh

of energy storage

$2773m

of total investment

12 projects

under construction or financially committed

2806 Megawatts

of capacity

5126 MWh

of energy storage

$2912.8m

of total investment

ACT:

1 project, 100 MW, 200 MWh: $71m investment

No projects

under construction or financially committed

Financially committed generation projects and capacity, quarterly
Total capacity of generation projects by development status, quarterly
Queensland Northern Territory Western Australia South Australia Victoria New South Wales TAS

16 projects

currently at financial close or under construction*

4042.5 Megawatts

of installed capacity

$6.4b

of capital investment

*not yet commissioned

2 projects

currently at financial close or under construction*

34.2 Megawatts

of installed capacity

$48.7m

of capital investment

*not yet commissioned

15 projects

currently at financial close or under construction*

843.4 Megawatts

of installed capacity

$2.8b

of capital investment

*not yet commissioned

9 projects

currently at financial close or under construction*

940.2 Megawatts

of installed capacity

$1.6b

of capital investment

*not yet commissioned

20 projects

currently at financial close or under construction*

2442.1 Megawatts

of installed capacity

$4b

of capital investment

*not yet commissioned

21 projects

currently at financial close or under construction*

4158.9 Megawatts

of installed capacity

$5.7b

of capital investment

*not yet commissioned

1 project

currently at financial close or under construction*

5 Megawatts

of installed capacity

$8m

of capital investment

*not yet commissioned
Financially committed generation projects and capacity, quarterly
Total capacity of generation projects by development status, quarterly
GENERATION AND STORAGE

Projects completed

As well as the huge number of projects that are still in construction or due to start construction soon, these are the number of projects across Australia that are completed each year and now operational.

Please note that data is based on information we have been able to source. Data is not always available for every project.

2017

2018

2019

2020

2021

2022

2023

Number of generation projects

11

28

42

36

41

19

14

Investment in generation ($M)

$1590.0

$3361

$5775.3

$4859.3

$6253.8

$3434.5

$3642.5

Megawatts generated

654

1614.1

2942

2884.6

3803.5

1908.2

2376

Number of storage projects

1

3

4

2

5

4

8

Investment in storage ($M)

$90

$128.9

$71.6

$131.6

$373.8

$86.9

$995.3

Installed capacity (MW)

100

90

155

163

431.7

69

757.1

Energy generation (MWh)

129

115

185

198

693

101

1028.4

Uptake summary

Australian homes and businesses are embracing rooftop solar and other renewable technologies at record rates.

Australia is a world leader in rooftop solar, but it's just the beginning of our electrification journey. Read about the incentives, education and regulation we're advocating for to help Australian homes and businesses go all-electric.

30k

Australian workers are currently employed directly in the clean energy industry, and that number needs to grow.*

200k

job-years in construction are needed to build our clean energy infrastructure pipeline to 2030.†

32k

additional electricians will be needed by 2030 to support the transition to clean energy.‡

Building our workforce

Investing in people and industry

Skills and labour shortages are affecting the energy transition. Read about how we're contributing to one of the largest recruitment drives the country has ever seen.

Ready to get involved?

Make yourself heard and ensure your organisation is well placed to benefit from the growing clean energy industry. Join about 1000 companies as a member of the Clean Energy Council.
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