Investment in new wind and solar falls short of 2030 target pace

Petra Stock

Petra Stock

For the second consecutive quarter in 2025, investment in new wind and solar has fallen well short of the pace required to hit Australia’s 2030 renewable energy target.

Only four projects – totalling 615MW capacity – reached financial close between April and June, according to data released today by the Clean Energy Council.

That brought total new investment in 2025 to 1.17GW – about a third of the rate required (6-7 GW per year) for Australia to replace its ageing coal power and stay on track for 82% renewables by 2030.

Political and policy uncertainty during the federal election contributed to the weaker result, the report said.

The CEC chief policy and impact officer, Anna Freeman, said:

While we now have renewed confidence in the direction of travel, many chronic and structural issues remain unresolved – significant delays in the transmission rollout, lengthy and unpredictable environmental and planning processes, workforce bottlenecks and a lack of certainty about long-term revenue for new projects.

This morning, the environment minister, Murray Watt, announced he had approved a 135MW solar farm with battery storage in New South Wales, at a site adjacent to the Muswellbrook coalmine. Watt said it was the 97th renewable project approved under the Albanese government.

In late July, the federal government announced plans to expand its underwriting scheme to help accelerate the transition to renewable energy.

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Katy Gallagher identifies ‘worrying trend’ of young men believing there’s ‘too much focus on women’

The minister for women, Katy Gallagher, said it is a “worrying trend” that some young men believe women are receiving all the opportunities in a way that is impacting male rights, AAP reports.

Gallagher told the Women in Media national conference today:

In Australia, our ethos of everyone having a fair go and treating people equally is really strong – certainly across business, community and government.

…There is a worrying trend emerging … particularly with young men thinking that women are getting too much and that their rights are going backwards, and there’s too much focus on women.

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