A solar construction business says its investors are getting worried about renewable policy turbulence, and it's slowing down business.The government wants the Coalition to map out its renewables policy to provide more surety for investors.
Meralli Projects head Methuen Morgan previously sought to establish a regional challenger to the Nationals at a NSW state election."There's a project that's up to be invested in, a small solar project, and they're just literally wanting to see what the does in this space."Poor engagement and consultation has led to "material distrust" of renewable energy developers in regional communities, according to a much-anticipated review.
The Coalition had not released their policy on renewables ahead of the next election, though they have said renewables outside of nuclear would still have some part to play in their plans for Australia's energy mix. IGCC has more than 100 domestic and international investors including superannuation funds and advisory groups.
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