Green energy obstacle due for lift by mid-year
Romania’s green energy future has been blocked by a legal glitch for two years, but could see remedy by mid-2010. Report by Ana Maria Nitoi February 2010 - From the Print Edition
Investments worth 100s of million of Euro in Romania’s renewable energy sector have been postponed for more than two years due to unstable legislation.
But there are signs that the regulatory framework that investors have been waiting for will be in place by mid-2010.
Unclear laws have prevented banks from funding green energy projects and holding up the sector from development. One of the most attractive markets for wind farms in east Europe in the mid 2000s, Romania has recently bee... To continue reading this article you have to be registered
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