Australia’s green hydrogen plans to drive solar growth
Solar PV could account for a fifth of power generation by 2030, says Wood Mackenzie
Australia’s potential as a producer of green hydrogen could help drive a rapid expansion of its solar photovoltaic (PV) generation capacity this decade, according to consultancy Wood Mackenzie. Australia can expect 23GW of solar PV capacity additions this decade, according to analysis by the firm. “The country’s state level renewables target and green hydrogen potential could drive its solar PV penetration in power generation to over 20pc by 2030, making it the highest in the region,” Wood Mackenzie says. 23GW – Australia expects solar PV additions by 2030 Australia is keen to position itself as a big hydrogen exporter to Asian countries, especially Japan and South Korea. The govern

Also in this section
23 May 2025
Investors remain committed to development but are waiting on greater international market certainty
22 May 2025
The government has ambitions to scale up production and become a major exporter by the end of the decade
21 May 2025
Half of winning bidders are based in southern European country as €1b auction clears at lower-than-expected levels
16 May 2025
Only 21% of approved IPCEI projects reach FID as cost overruns and funding delays hamper progress, according to European Commission officials