Thursday, 7 November 2013

Poland Renewables Report Q1 2014

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Poland Renewables Report Q1 2014
Nov 6th 2013, 00:00

Price: $ 1295  

BMI View: Despite our anticipation of a slowdown in Poland's renewables industry and our subsequent downward revision of 2013 and longer-term non-hydro renewables capacity forecasts, the Polish renewables market is still proving to be a relatively attractive avenue for investment, particularly when compared with Western Europe and Central and Eastern Europe. This was evidenced by EDP Renewables' recent commissioning of an 80MW wind farm in the country. That said, we do expect growth to slow, as the precarious regulatory environment and difficulties securing project financing are likely to take a toll on the project pipeline. Poland's non-hydro renewables segment has expanded rapidly over the last decade, with annual average growth rates in capacity of nearly 60% between 2002 and 2012. This i ...

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