Serbia:Wind developers claim new electricity purchase model not appropriate for banks, MinEnergy confirms quality of solutions

Published on September 13, 2013 10:17 am

The construction of the first big wind park in Serbia is again postponed. This time the reason is a model contract for electricity purchase from renewable sources which the Ministry of Energy issued in July, and with which investors are not satisfied. In fact, according to investors, the problem is that banks cannot provide loan and they risk from 50 to 200 MEUR per project based on the current model of that document.

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