Industrial and household battery purchases have more than tripled, while renewable energy projects are generating almost half of Australia's electricity, taking over from coal and gas.
Despite their success, investments in renewable energy projects have plummeted over the past year, with on-shore wind farms hit the hardest, a study has found.
The Clean Energy Council released the findings on Tuesday in a report that recommended policy changes to accelerate project approvals and reduce regulations to avoid slowing the energy transition.
The report comes one day after a senate estimates committee heard renewable energy projects were taking more than two years to approve — an issue that could be addressed by upcoming changes to environmental laws.
The Clean Energy Australia 2026 report analysed the nation's energy mix over the past year and found renewable projects generated 42.7 per cent of electricity, up from 38.9 per cent in 2024.