Australia's clean-energy funding - underpinned by a starting price on carbon of A$23 ($24.55) per tonne and tougher 2050 emissions cuts - is being welcomed by large-scale solar developers and their smaller counterparts in the geothermal and wave sectors.

While details of the funding package are yet to be finalised, large solar projects will be likely to access loan guarantees and equity investments through the new Clean Energy Finance Corporation (CEFC) for five years from July 2013.

"It's