I believe existing grants will be honoured. So no direct impact...

I believe existing grants will be honoured.  So no direct impact to CWE.  Indirectly it isn't a great signal to the industry.  Depends if the replacement fund is real or not I guess.  Loans and equity investment are reasonable alternatives to pure grants.

Before the election, the Coalition said it would use $1 billion of money from the Clean Energy Finance Corp and create a new fund called the Clean Energy Innovation Fund that would support the “riskier” end of clean energy investment, but only through loans and equity investment, not grant funding.​