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Romania plans to cut support for renewable energy

2013-03-29 15:29:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Romania's government will cut its support scheme for wind, solar and small hydro renewable energy projects to avoid overcompensating investors, energy regulator ANRE said on Friday. Elsewhere in the European Union, countries such as Germany, Britain and Spain have either cut or plan to reduce incentives for renewable energy after years of strong government support. Romania's support scheme gives renewable power producers green certificates for each megawatt generated. Suppliers must get an...

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