Investment rally coincides with renewables records in Australia's NEM

A record five large-scale renewable energy generation projects totaling 1.2 GW reached financial close across Australia's National Electricity Market (NEM) in the last quarter, but industry figures say more needs to be done to ensure investment momentum continues.From pv magazine Australia Data released by the Clean Energy Council (CEC) shows renewables investment strengthened in the last quarter of 2025 with five large-scale solar and wind projects representing 1.2 GW of new generation capacity and AUD 3.5 billion ($2.48 billion) in value reaching financial close. The CEC's Quarterly Investment ...

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