Vestas warns against "subsidy competition" between EU and US
The Danish wind turbine maker and compatriot pump manufacturer Grundfos both note several interesting points in the EU’s current efforts to revise rules on state aid and speed up licensing of green energy projects – however adding a caveat.
BY PETER THOMSEN, WATCH MEDIA EU CORRESPONDENT, TRANSLATED BY DANIEL FRANK CHRISTENSEN
BRUSSELLS – Prudence underlies the EU efforts these days in overhauling both lengthy licensing procedures and subsidization rules for renewable energy and other developments tied to improving sustainability.
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