MARSHALL WELCOMES $1 BILLION BOOST FOR RENEWABLE ENERGY

Wednesday, 23 March 2016

NORTHERN Tablelands MP Adam Marshall today welcomed the Australian Government’s announcement of a $1 billion Clean Energy Innovation Fund (CEIF) as well as the retention of the Clean Energy Finance Corporation (CEFC) and Australian Renewable Energy Agency (ARENA).

The MP said the announcement would give greater certainty and security to the burgeoning renewable energy sector, including a number of projects well underway in the Northern Tablelands.

“I applaud the Federal Government’s commitment today in retaining CEFC and ARENA and welcome the news those organisations will be jointly managing the new innovation fund,” Mr Marshall said.

“It is very welcome news and with several major renewable energy generation projects already or soon to be underway in this electorate – the Moree Solar Farm, Glen Innes White Rock Wind Farm, Sapphire Wind Farm and the White Rock Solar Farm – as well as being the home for Uralla’s Z-NET project, the decision ensures future growth.

“Rural and regional communities are well-placed to join in renewable energy development of large-scale projects and I look forward to continuing to champion them.

“Further renewable energy innovation and projects will be welcomed on the Northern Tablelands and the fund, coupled with support from CEFC and ARENA, delivers a bright future.”

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