New large-scale renewables strengthen according to the latest Quarterly Carbon Market Report
Total added renewable energy capacity could exceed 7 gigawatts (GW) this year—a combination of an upgraded estimate of 3-4 GW large-scale wind and solar reaching first generation and an estimated 3.1 GW of small-scale rooftop solar, according to the Clean Energy Regulator’s (CER) Quarterly Carbon Market Report (QCMR) for Q2 2024.
Acting CER Chair Mark Williamson said, ‘new power station approved capacity under the Large-scale Renewable Energy Target is increasing.’