Ministry of Mining and Energy published on 21st January, long awaited draft of the Amendments to the Renewable Energy Sources Act (RESA) with purpose to push forward further investments in RES sector by creating better legal framework for development of new projects.
Market Snapshot: Renewable Energy in Albania
During the past decade, the Albanian energy sector has benefited from a wave of domestic and foreign investments in hydro-power generation. Photovoltaic and wind energy generation has lagged behind for a long time. Increasing environmental concerns over the excessive use of water resources and the continuous reduction in technology costs are now shifting the government’s focus toward photovoltaic and wind energy generation.
Spend It All Before It’s Gone: Investment Safe Harbors in CEE
Considering the current state of affairs in CEE, market dynamics have shifted in terms of where investors are looking for safe investment opportunities, with some sectors seeing steadier capital flows and others struggling. Our experts chart the current hotspots and consider whether the markets are set to shift again.
Gessel Advises SunRoof on Investment Round
Gessel has advised SunRoof on its most recent EUR 13.5 million investment round with the participation of World Fund, Nordic Alpha Partners, and Legal & General Capital.
The Czech Republic Government Adopts a Long-Awaited Amendment Changing Rules for Energy Price Caps Applicable to Large Enterprises
In accordance with a contemplated change of the existing EU Temporary Crisis Framework rules stipulating for state aid limits applicable to the whole European Economic Area, the amended Czech Government Regulation sets forth Czech national limits applicable to delivery points in the Czech Republic.
Motieka & Audzevicius Advises In Balance Grid on Joint Venture with Equite
Motieka & Audzevicius has advised In Balance Grid on its joint venture with Equite to develop charging station infrastructure.
Norton Rose Fulbright Advises BGK on Financing Construction of Budimex-Sponsored Wind Farm
Norton Rose Fulbright has advised Bank Gospodarstwa Krajowego on financing the construction of a 7-megawatt wind farm sponsored by Budimex.