Wind-Energy

Primăria Târgușor Obliged to Repay Over 1.1 Million Lei to Eco Power Wind SRL Following Definitive Court Ruling

Primăria Târgușor has lost a definitive legal battle against Eco Power Wind SRL, a company owning a wind farm in the area. The court ruling mandates the municipality to repay 1,129,803.86 lei, along with accrued interest and penalties from July 3, 2017, until full settlement. This decision poses a significant financial strain on the local budget.

The dispute originated from a fiscal amendment made four years ago, which determined that wind turbine support towers do not qualify as taxable buildings. Previously, local administrations collected substantial taxes from renewable energy companies under this classification. Eco Power Wind SRL, like other companies in the sector, contested this classification in court, arguing that the towers lack essential building features such as enclosed spaces and a roof.

Eco Power Wind SRL filed a lawsuit against Primăria Târgușor in 2023, seeking a refund of taxes paid based on March 2017 imposition decisions. In June 2024, the Tribunalul Constanța ruled in favor of the company. The court also held Primăria Târgușor liable for late-payment penalties, reinforcing the financial obligations with a final decision on December 13, 2024, by the Curtea de Apel.

This ruling aligns with a precedent set by the Înalta Curte de Casație și Justiție in 2020, which deemed similar taxes unlawful, impacting all agreements between municipalities and green energy companies.

Source: FOCUSPRESS

U.S. Launches First Offshore Wind Farm, Vineyard Wind 1, in Historic Energy Milestone

The United States commissioned its first commercial offshore wind farm, Vineyard Wind 1, in 2023, marking a significant milestone in the nation’s renewable energy sector. Located off the coast of Martha’s Vineyard, Massachusetts, the project boasts 62 state-of-the-art turbines with a combined capacity exceeding 800 megawatts (MW). Vineyard

Downing Completes Sale of Gabrielsberget Wind Farm with 54% Return

Downing Renewables & Infrastructure Trust (DORE) has finalized the sale of its entire stake in the Gabrielsberget wind farm in Sweden, achieving a total return of approximately 54% over the investment period. The asset was acquired in January 2022 for £19.8 million and yielded €36 million (£29.8 million)

Israeli Enlight Completes 94MW Pupin Wind Farm in Serbia

The construction of the Pupin wind farm in Kovačica, Serbia, with an installed capacity of 94MW comprising 16 wind turbines, has been completed and entered trial operation, the Renewable Energy Sources Association of Serbia announced today. Developed by Israeli company Enlight Renewable Energy, the Pupin wind farm is an extension

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