Directive to CEFC to focus on innovative and emerging technologies will enhance support for windfarms and small-scale solar projects
The Clean Energy Finance Corporation (CEFC) has been directed to focus on innovative and emerging technologies, reversing a mandate by the former prime minister Tony Abbott that would have specifically blocked funding for windfarms and small-scale solar projects.
The mandate came into effect on Thursday, with a new clause outlining the shift in focus.
Related: Malcolm Turnbull lifts Abbott ban on government finance for wind power
Related: Abbott government extends renewable energy investment ban to solar power