Smaller renewable energy companies in Romania are expected to start filing for bankruptcy

Smaller renewable energy companies in Romania are expected to start filing for bankruptcy after the government slashes incentives for renewable electricity generators earlier this year. The changes to the green certificates scheme has also dented investor confidence in Romania.Romania's renewable energy sector boomed in 2012, thanks to the government's generous incentive scheme for power producers. However, in June 2013, the government announced cuts to the number ...

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