Australia’s renewables pipeline continues to grow at record speed led by solar PV
The Australian renewables sector was not immune to a host of challenges that marked the first half of the year, but the pipeline of renewable energy projects in the country reached new heights. While new construction dipped to a four-year low and financial close remained out of reach for a great number of projects, the second half of the year is looking more positive, according to Norwegian consultancy Rystad Energy.
Solar leads Australia’s energy transition as renewables set new record
In 2019, renewables continued to undermine the dominance of coal on the Australian grid and surged on the back of a massive 46% year-on-year jump in solar power, according to the latest data from the federal Energy Department.
