There’s a new spring in the step of investors in big solar as confidence that has been lacking during the Abbott years has been boosted following the Turnbull takeover.
The level of enthusiasm for solar power in Australia — and large-scale projects in particular — has been remarkable. The removal of the anti-renewables team of Abbott and Hockey (let’s call it like it is) hasn’t completely dissipated attempts to dismantle renewable energy in Australia. Witness the indecent rush to approve the Adani mine in Queensland as an indicator of the strength of the fossil fuel lobby.
However the removal of the Abbott administration and replacement with the more urbane, measured and supportive approach of the Turnbull team is paying dividends with the big end of town. [Read more…]