Estonian producers of renewable energy expected to incur losses of 40-43 mln euros in 2013

On 31 January, 2013, in a vote over renewable energy support measures in the Economic Affairs committee of the Parliament of the Republic of Estonia (Riigikogu), committee adopted measures which would retroactively reduce renewable energy support. Existing producers of renewable energy are expected to incur losses of approximately 40-43 million euros as a direct result of the decision in the Parliament, informed BC the director of Estonian Renewable Energy Association Rene Tammist.... Read more...