Australia is advancing rapidly toward a clean energy future, supported by robust government policies, abundant solar and wind resources, and net-zero goals, according to GlobalData.
Renewables are projected to account for 73.3 percent of the country’s total power generation and 77.8 percent of installed capacity by 2035.
This marks a sharp rise from 2024, when renewables made up 48 percent of capacity and 31.6 percent of generation. The growth is being driven by national initiatives such as the Renewable Energy Target (RET), the Capacity Investment Scheme (CIS), and the Rewiring the Nation program, complemented by strong state-level targets and widespread adoption of rooftop solar.
However, challenges persist. Grid connection delays, permitting hurdles, community resistance, and limited firming and storage capacity are slowing large-scale renewable deployment. These factors threaten progress toward Australia’s goal of achieving 82 percent renewable electricity by 2030.
Solar PV remains the country’s dominant renewable technology, with over 4.16 million systems installed by mid-2025 and around 0.3 million new rooftop systems added annually. Wind power, both onshore and offshore, is also expanding through designated Renewable Energy Zones (REZs), helping diversify regional generation,
GlobalData said in its report called Australia Power Market Trends and Analysis by Capacity, Generation, Transmission, Distribution, Regulations, Key Players and Forecast to 2035.
While Australia’s 2030 renewable target is ambitious, the country’s ongoing investments in hydrogen, battery storage, and grid infrastructure — through initiatives like Solar Sunshot, Hydrogen Headstart, and the Critical Minerals Production Tax Credit — will be key to sustaining the clean energy momentum toward 2035 and beyond.
Baburajan Kizhakedath