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Beanstalk Management Energises Gennext’s Search for Photovoltaic Solar Park
Investment Partners
Leading Business Broker Beanstalk Management Secures Strategic Investment for
PDF Software Developer Iceni Technology Limited.
| "The extensive and well thought through prospect list that
Beanstalk put together generated a significant amount of interest in
the business, and the choices they gave us stretched our
thinking.They guided us well through the selection process and
ultimately helped us find the best fit for the business" Iceni Technology February 2009 |
Bulgaria's proposed moratorium on renewable energy projects
Bulgaria's Environment Minister Nona Karadjova has suggested that the South-Eastern European country may initiate a six-month moratorium on renewable energy products which are only in early their earliest phases.
He said: “We have had problems with the large number of wind power generators and solar power installations, not only because of the practice for them to be installed in protected areas, but also because of the large number of requests for expropriation of agricultural land.”
The reasons for the possible suspensions of these renewable energy projects in South-Eastern Europe seem to be resulting from breaches of regulations. The European Commission for the Construction of Wind Farms protected areas, known as the Natura 200. Apparently wind farm projects which have commenced for near Cape Kaliakra infringed the procedures by failing to carry out the required environmental assessments. The Agriculture Minister confirmed that he had increasingly been receiving requests for changes to land allcations with regards to renewable energy projects.
If the moratorium goes ahead, it is predicted to continue until the green energy development plan is finalised. The draft is expected to by approved by the European Commission by the middle of next year. The development plan will contain detailed evaluations of renwable energy capacity in across particular regions as well as the devlopment of electricity distribution companies, NEK power grids and environmental assessments.
This news has been met with concern in South-Easter Europe bu the
Confederation of Employers and Industrialists in Bulgaria. They issued a
statement which read: "Given that a significant percentage of member
firms of CEIBG express their interest in the development of renewable
energy sources, we fear that the envisaged moratorium will reflect in a
negative way on their business."
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