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Australia’s Utility Solar Boom Has Already Peaked, Report Says

Bloomberg · last updated

Australia’s booming utility-scale solar industry may have already peaked, risking the country’s lofty climate goals.

Just 1.4 gigawatts of utility-scale solar will be commissioned in 2025 — down 28% from last year and around 40% below the 2023 peak, according to new BloombergNEF analysis.

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