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Analysis: Romania seen overcoming renewable energy cuts

Fri, 07/08/2011 - 6:26am
Reuters

BUCHAREST (Reuters) - Romania's plan to change generous subsidies for renewable energy is unlikely to deter investors in wind energy, despite heightened uncertainty over project financing.

The plan to tone down green energy support -- key to attracting billions of euros to wind -- is still pending approval from the European Commission, which says it may overcompensate developers.

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