Clean Energy Council report details ‘particularly poor’ investment in large-scale plants but says rooftop solar and batteries are ‘storming ahead’
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Investments in renewable energy plants showed an “alarming” slowdown in 2023, with financial approvals for new solar farms shrinking more than a third while no new windfarms won backing, the Clean Energy Council said in its annual report.
The yearly results come as separate data revealed fossil fuel power stations expanded generation in the first two months of 2024 as heatwaves in the east of Australia sent demand soaring.
