A world leader in renewable energy

Australia has some of the best renewable energy resources in the world. Our potential to produce abundant renewable energy is a powerful comparative advantage.

The Australian Government is committed to making Australia a renewable energy superpower as part of its Future Made in Australia plan. As well as supporting Australia to decarbonise to net zero emissions by 2050, Australia will use its world-class renewable resources to:

  • deliver cheaper, cleaner, more reliable energy for Australia and its region
  • build export-scale clean energy industries
  • bolster sovereign manufacturing capabilities in our national interest
  • make Australia an indispensable part of the global net zero economy. 

Clean energy directory

The Clean Energy Equipment, Technology and Services Capability Directory showcases Australia’s capabilities for progressing the global energy transformation.

Transforming energy systems

Australia is already transforming its energy systems to achieve the Australian Government's target of 82% renewable energy in the Australian grid by 2030. Australia is home to:

  • utility-scale solar, onshore and offshore wind projects to grow our renewable energy supply
  • growing pipeline of energy storage & transmission projects to grow generation capacity and manage intermittent supply
  • some of the world’s largest energy storage projects such as the Hornsdale Power Reserve — the world's first big battery.

Global energy leaders and businesses can partner with Australia to help us and the world reach net zero.

How we can help

Incentives, grants and support

Australian Government programs and grants include:

  • A$20 billion Rewiring the Nation program provdes low-cost finance to upgrade and expand the Australian electricity grid.
  • A$15 billion National Reconstruction Fund targeting up to A$3 billion in funding to support renewables and low emission technologies.
  • The expanded Capacity Investment Scheme will deliver 32 GW of renewable energy generation. The scheme will unlock over A$65 billion of renewable energy capacity. This investment will help transform the electricity grid to one powered by renewables.
  • The Solar Sunshot program will invest A$1 billion to develop Australia’s solar PV manufacturing industry. The program will support manufacturers to establish and grow facilities across the solar PV supply chain.
  • The Battery Breakthrough Initiative (A$523.2 million over 7 years) will help manufacturers move up the battery value chain. This is a key deliverable under the National Battery Strategy.
  • Funding worth A$1.9 billion in our Powering the Regions program supports clean energy industries and the decarbonisation of existing industries.
  • Large-scale Renewable Energy Target (LRET) incentivises investment in major renewable projects such as solar farms. A similar scheme exists for individuals and small businesses to install eligible small-scale renewable energy systems.

Snapshot


Renewable energy benefits


6th globally

Attractive renewable energy investment opportunities.


Solar radiation

Australia has the highest solar radiation of any continent.


Rooftop solar

Around one third of households have roof-top solar power – the highest in the world.


Wind resources

Vast coastal regions with average wind speeds above 9-12m/s.