Abbott government insists the Clean Energy Finance Corporation’s mandate is to focus solely on ‘new and emerging technologies’
The Clean Energy Finance Corporation (CEFC) is seeking legal advice after the government instructed it to halt investment in wind power and small-scale solar projects.
On Sunday the federal government confirmed that wind and rooftop solar projects would no longer be financed, instead insisting the CEFC focus on funding “new and emerging technologies”.
Related: Abbott government extends renewable energy investment ban to solar power