Claims stacking up from Ukrainian clean power developers against state electricity offtaker
Local lawsuits are reportedly set to cost the body set up to purchase clean power in Ukraine more than €24 million already, after the decision by the government in August to retroactively reduce FIT payments. Lithuanian clean power developer Modus Energy is preparing for its own suit, citing Ukraine’s international treaty obligations.
ECJ indicates EU member states free to revise signed feed-in tariff contracts
The court has agreed with advocate-general Henrik Saugmandsgaard Øe that Italy’s move, in 2014, to reduce solar incentive payments contained in signed agreements held by developers does not breach EU law.
