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Renewables rebound after slump but must speed up to hit Labor’s 2030 energy goals
Narrative that transition has stalled ‘demonstrably not true’, researcher says, but investment and construction must accelerate
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Large-scale renewable energy investment and construction in Australia is rebounding this year after a slump, but will need to accelerate to reach the pace needed to meet the Albanese government’s goal for 2030.
The country could add more than 7 gigawatts of renewable energy capacity this year, up from 5.3 GW last year, according to data released by the Clean Energy Regulator.
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