Advertisement
News
Advertisement

Green energy firms to take Bulgaria to court over new fees

Wed, 09/19/2012 - 5:24am
Reuters

SOFIA (Reuters) - Renewable energy developers will take Bulgaria's energy regulator to court and alert Brussels over what they called "illegal" new fees on wind and solar installations that will deal a heavy blow to the sector, they said on Wednesday.

The Balkan country's energy regulator has effectively cut preferential feed-in tariffs for electricity generated by wind and solar power parks for already operational installations by imposing new grid access fees.

The move will cut the preferential feed-in tariff for the photovoltaic projects completed by June 30 this year by 40 percent, and by 20 percent for projects completed before December 31, 2011. Wind power plants tariffs will be reduced by about 10 percent.

SOURCE

Advertisement

Share this Story

X
You may login with either your assigned username or your e-mail address.
The password field is case sensitive.
Loading