Renewable energy in Australia - statistics & facts

Australia has ambitious goals of becoming a renewable energy superpower. The country has vast natural resources and a renewable energy capacity that is increasing annually. Despite this, investment in renewable energy projects in Australia saw a significant slowdown in 2023, with a slight recovery in 2024. With a strategic budget recently announced focusing on critical industries and the renewables sector, the government aims to strengthen the country’s economic resilience and support Australia’s transition to a net-zero future.
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Published by Manya Rathore, Mar 30, 2026

Key insights

  • Leading renewable energy source in Australia
  • Wind
  • State with the highest share of energy acquired from renewable sources in Australia
  • Tasmania
  • Annual financial investment in renewable energy projects in Australia
  • ***bn AUD

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Renewable energy generation in Australia 2024, by source

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Share of energy usage from renewable sources in Australia 2024, by state

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