BMI View: Clearer guidelines regarding the implementation of, and eligibility for, feed-in tariffs (FiTs) will help give investors greater confidence in the renewables market. Increased interest in recent months, with several solar, wind and renewable projects scheduled to begin construction before the end of 2013, will help boost confidence in the sector’s growth prospects. However, approximately 340MW worth of wind projects have been approved for development, but the government had previously stated that only 200MW would be eligible for feed-in tariffs. If the government does not raise this limit, then some projects will miss out on subsidies. And that will …
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