Wind future held back by legal blockage
A delay for over a year in fixing legislation for renewable energy is holding up hundreds of million of Euros ready to fund wind energy in Romania, so investors are heading south in search of a breath of fresh air November 2009 - From the Print Edition
Government failure to pass a law which would regulate and bring cash into the renewable energy sector is holding back investment in the new industry, all major players agreed at a recent ‘Green Energy for Romania’ conference.
Investments of 100 millions of Euro are being postponed until the Government clarifies a stable regulatory framework for renewable energy sources. Unclear legislation prevents financial institutions from funding green energy projects and this blocks the sector from dev... To continue reading this article you have to be registered
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