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EN
Australia sets 62-70% emissions reduction target for 2035
['George Heynes']
PV Tech
The Net Zero PlanThe newly released Net Zero Plan outlines the major growth in both utility-scale and distributed solar installations in Australia.
The strategy notes that solar technology has become the cornerstone of Australia’s renewable energy transition, driving significant progress toward the nation’s emissions reduction targets.
Indeed, the strategy showcases the growth of solar energy across Australia.
In late July 2024, the Australian Energy Market Commission (AEMC) introduced a new draft determination proposing to enable virtual power plants (VPPs) to compete directly with large-scale generators in the energy market.
Based on the CCA’s advice that informed the 2035 target, Australia’s solar industry is projected to experience unprecedented growth over the next decade.
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