Guest Article: Spain expropriates photovoltaic investors through reform of feed-in tariffs for renewable energies
The new Spanish feed-in tariff system for renewable energies was launched in summer 2013. It includes a retroactive fixation for “reasonable profitability” of existing solar investments. For some investors this comes close to an expropriation.
A Guest Post by Sönke Schlaich and Christoph Himmelskamp, Rödl & Partner.