Infigen flags Aussie pre-poll jitters

Australia-based renewable power producer Infigen has warned that anxiety over the outcome of the country’s national election has cast a long shadow over clean-energy development.

Infigen – which operates 1.65GW of wind capacity in Australia and the US – told investors the near-term regulatory environment remains “challenging” in its home market, despite the recent boost of a positive outcome of a review of the national Renewable Energy Target (RET).

Independent government advisors said the RET – which requires utilities to supply 20% of the country’s energy needs from renewable sources – should stay at its present level.

But the opposition  Liberal-National Coalition led by Tony Abbott – which is setting the pace in pre-election polls ahead Log in to read complete article.

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