Australia’s Renewable Energy Industry Is Coming of Age

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Australia’s renewable energy industry is coming of age, with record growth in 2017 set to be eclipsed by an unprecedented level of activity in the years ahead.

The Clean Energy Australia Report has confirmed Australia is on track to meet the 2020 Renewable Energy Target, thanks to 16 large-scale projects being completed during 2017 and another 50 under construction or securing finance. The 2017 renewable boom was driven by $10 billion of investment in large scale generation and 1.1GW of new rooftop solar. Household batteries are growing in popularity, tripling in the last year with 12 per cent of new domestic solar installations accompanied by storage. Strong state-based renewable energy targets are helping drive growth. Of the mainland states, South... ... More: Official Press Release ARENA

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ARENA, government, renewables, growth, jobs, record, solar, wind, battery, storage