Investment in large-scale renewables hits lowest level since 2017

QUARTER 2 this year saw the lowest level of large-scale renewable energy projects being committed in Australia since 2017, with a 46% fall compared to the previous quarter, according to data from the Clean Energy Council.

Investment in large-scale renewables hits lowest level since 2017 Investment in large-scale renewables hits lowest level since 2017 Investment in large-scale renewables hits lowest level since 2017 Investment in large-scale renewables hits lowest level since 2017 Investment in large-scale renewables hits lowest level since 2017

But COVID-19 is not to blame

Total investment came to A$600 million, according to the CEC analysis which attributed the fall to grid-connection challenges, unpredictable federal policy interventions and underinvestment in network