Eesti Energia wants state guarantee for investment in wind farm
Inaction by the state is preventing progress on the project to build a large offshore wind farm in the Gulf of Riga, State-owned energy group Eesti Energia wants the government to offer its guarantee to the project so that when the price of electricity drops below a certain level, the state would compensate the balance, Eesti Energia CEO Hando Sutter said on Thursday. Recently, Eesti Energia announced plans for the establishment of an offshore wind farm in the Gulf of Riga with Danish company Orsted. Preparations have been going on for ten years and it will take another ten days for the wind ...
Source: news.err.ee