Renewable energy sources provided 17.3% of Australia’s electricity in 2016, increasing from 14.6% the year before, according to the Clean Energy Council.
The report suggests that last year’s surge was largely due to improved rainfall in hydro catchments, along with the completion of 10 large wind and solar projects.
The country is now on track to achieve its goal of generating close to 23.5% of electricity from renewable energy sources by 2020.
"The changes that are happening across the country right now are extraordinary," Clean Energy Council chief executive Kane Thornton said.
"Renewable energy is now the cheapest kind of new power generation that can be built today – less than both new coal and new gas-fired power plants. The price of gas in particular has skyrocketed," Thornton said.
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