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Australia’s Renewable Energy Investment Hits $9bn in 2024
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February 13,2025

Australia’s Renewable Energy Investment Hits $9bn in 2024

Australia saw $9bn invested in Wind and Solar farms in 2024, the highest since 2018, with 4.3GW of new Renewable capacity committed. The Albanese government faces criticism for not meeting its 2030 target of 82% Renewable Energy, but experts argue the recent investment pace supports this goal. With major projects underway, the challenge remains to build infrastructure on time and manage international competition for components.

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