government subsidies

European Commission’s green light will see country inject up to €5.4bn into PV, wind and others via auctions and contracts for difference until 2021.

Retroactive scrapping of feed-in tariffs in the early 2010s lands Madrid in major defeat against developer NextEra, which sought arbitration over project losses.

Dutch financier FMO buys 40% stake of FiT-backed, €35 million Kamianka project, scheduled for commercial launch in Q4 2019.