By .(JavaScript must be enabled to view this email address) - 11 January 2012, 16:51
In News, Tariff Watch

PV company seeks EU aid to combat Greek FiT reduction claims

Law firm Metaxas and Associates is advising a Greek PV company on the legal issues surrounding the compatibility of EU State Aid Law and Greek FiTs.

Law firm Metaxas and Associates has been approached by a Greek PV equipment construction company (the details of which are yet to be disclosed) to draft a legal opinion regarding the compatibility of feed-in tariffs with EU State Aid Law.

Due to the current economic upheaval in Greece, it is hoped the FiT can be supplemented with financial aid from the EU, specifically for products made in Greece, in order to maintain the current level of solar manufacturing in the country.
Metaxas and Associates claim it would be “highly doubtful that such a measure might be considered as an incompatible state aid according to Article 107 par. 1 of the Treaty on the Functioning of the European Union.”

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PV company seeks EU aid to combat Greek FiT reduction claims

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