Supported byClarion Energy
HomeSEE Energy NewsRomania: No more...

Romania: No more tax on wind towers for wind energy producers

Wind energy producers in Romania will no longer pay the tax on turbine towers, which was required by an older provision in the Fiscal Code, which referred to the tower as to a building, therefore for which tax was due, according to a decision of the Supreme Court.

The law firm Tuca Zbarcea & Asociatii said that the High Court of Cassation and Justice maintained the decision by which several companies in the field of wind energy had obtained in the first instance the annulment of the Order of the Minister of Public Finance 1210/2014 and the Decision of the Central Fiscal Commission 5/2014.

Five of the most important companies active in the renewables sector, represented by Tuca Zbarcea & Asociatii, initiated the action suit having as object the request for annulment of the Order of the Minister of Public Finance 1210/2014 and the Decision of the Central Fiscal Commission 5/2014. Other companies in the field of wind energy later joined this action.

 

 

 

Supported byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Romania expands flexibility market as industrial demand and telecom batteries enter power system

Romania is beginning to turn electricity demand and previously underused backup infrastructure into tradable flexibility, creating new opportunities for aggregators and virtual power plants across Southeast Europe. Two developments illustrate the shift. Transmission system operator Transelectrica activated Romania’s first balancing...

Romania’s power imports surge as renewable generation declines

Romania’s net electricity imports surged 82.08% to 135.72 GWh in the week ending 20 September, as weaker renewable and hydropower generation increased the country’s reliance on electricity from neighbouring markets. Wind and solar generation in Romania fell by 25.9%, while...

European Energy brings 27 MW Tsoukes Sarres wind farm online in Greece

European Energy has started commercial operations at its first Greek wind farm, Tsoukes Sarres. The project is backed by Danish pension capital through Sampension, which holds a direct operating interest in Greece’s renewable sector. The start of operations coincides...
Supported byVirtu Energy