By Tedder – Own work, CC BY 3.0,
By Jo Nova
“No wind project, not a single one, was signed off financially in the first half of 2025.”
There is a bit of paralysis of green investment Downunder.
BloombergNEF sells itself as the analysts of the energy transition for investors. According to them, Australia’s rapid transition is “seen as a global test case” and if so, the green wish-fairy needs an ambulance full of money. This year investments in grid-scale solar shrank to just 30% of what they were a year ago, and no wind project at all was committed in the first half of 2025.
This is a fall that accelerating. 2023 was the boom year and in 2024 investment “fell 48%” which sounds pretty drastic. But this year is even worse.
Renewables investment falls off cliff as no new wind projects reach financial close in first half of 2025
By Sophie Vorrath, RenewEconomy
Investment in new wind and solar projects dropped by 64 per cent in the first half of 2025, compared to the same period in 2024, underscoring concerns that Australia’s energy transition is not attracting nearly enough capital.
via JoNova
August 11, 2025 at 03:48PM
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