Australia’s investment in large-scale wind and solar hits six-year peak

Experts say latest results show clean energy investment is getting back on track, with $9bn committed in 2024

• Follow our Australia news live blog for latest updates
• Get our breaking news email, free app or daily news podcast

Investment in large-scale wind and solar in Australia has reached its highest level in six years, with $9bn in capital committed to projects in 2024, new industry data shows.

According to the Clean Energy Council, financial commitments were made for 4,346MW of new renewable capacity last year. This was the highest level of investment the sector had seen since 2018, when industry was delivering on the bipartisan Renewable Energy Target.

Sign up for Guardian Australia's breaking news email