Around 38% of this capacity is in New South Wales, 30% in Queensland, 21% in Victoria, and 10% in South Australia.
The majority of these projects, around 79%, are in the early development stage, specifically in the application or proponent implementation stages. Solar PV comprises 45%, 31% battery energy storage, 15% wind energy, 7% pumped hydro and 2% gas.
Energy storage projects saw an 87% year-on-year increase in Q3 2024, with 14.6GW currently in the connection process.
Renewable energy generation contributed more to the NEM in the last quarter than Q2 2024, although this was only a slight increase of 0.4%. Higher wind generation and distributed solar PV output offset the reductions in hydro and grid-scale solar generation, leading to an increase in the overall contribution of renewable energy.
The output from distributed solar PV systems increased year-on-year to an average of 2,539MW, reflecting an 11% growth…
