30 Oct '12, 1pm

Poland Renewables Bill to Forge New Solar Market as EU Cuts Back: Poland is set to approve renewable energy law...

Poland Renewables Bill to Forge New Solar Market as EU Cuts Back: Poland is set to approve renewable energy law...

The country that has 3 megawatts of solar capacity may build as much as 400 megawatts next year if the renewables bill comes into effect on schedule in January, said Stanislaw Pietruszko, the head of Poland’s photovoltaic association. Neighboring Germany has 30,000 megawatts installed. The east European nation is seeking to lure investors that have turned away from Germany, Italy and the U.K. after cash- strapped governments cut subsidies for clean-energy projects. Poland, which gets about 85 percent of its power from coal-fired plants, is poised to join Ukraine in offering some of Europe’s highest solar subsidies as its economy grows. “The proposed rates are very good, higher than those in Germany,” Pietruszko, who is president of the Polish Society for Photovoltaics, said in an interview. Prime Minister Donald Tusk’s government is seeking to double the share of energy pr...

Full article: http://www.renewableenergyworld.com/rea/news/article/2012...

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