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BLOMSTEIN | European Union, Germany | 21 Apr 2023

ECJ: Electricity tax exemptions for electricity generation also to be granted for upstream and downstream operations.

In its ruling dated March 9, 2023, in the case C-571/21, the ECJ clarified that electricity manufacturers are entitled to exemption from electricity…
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Clasis Law | India | 7 Mar 2023

"Shall" or "may": Supreme Court rules on whether IBC provisions relating to CIRP admissions are mandatory or discretionary

The Supreme Court recently had to decide whether section 7(5)(a) of the Insolvency and Bankruptcy Code 2016 was a mandatory or a discretionary provision. The Court held that if the legislative intent had been to make the provision mandatory, the legislature would have used the word "shall" instead of "may". In the case of section 7(5)(a), there was no ambiguity and, therefore, no reason to......
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Venture North Law | Vietnam | 10 Jan 2023

Mechanism for Calculation of Electricity Generation Price Bracket and Its Implication for Current and Future Solar/Wind Energy Investors

On 3 October 2022, the Ministry of Industry and Trade (MOIT) issued Circular 15 on the mechanism for setting up an electricity generation price (EGP)…
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Moroğlu Arseven | Turkey | 30 Sep 2022

Substantial Changes in the Regulation on License-Exempt Electricity Generation have been Introduced

The Regulation Amending the Regulation on License-Exempt Electricity Generation (“Amendment Regulation”), published in Official Gazette dated 11…
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Moroğlu Arseven | Turkey | 30 Sep 2022

Elektrik Piyasasında Lisanssız Elektrik Üretim Yönetmeliğinde Esaslı Değişiklikler Yapıldı

11 Ağustos 2022 tarihli ve 31920 sayılı Resmî Gazete’de yayımlanan Elektrik Piyasasında Lisanssız Elektrik Üretim Yönetmeliğinde Değişiklik…
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Lexology PRO | Africa, Ethiopia, Kenya, etc. | 8 Sep 2022

Africa: key ESG updates and developments (Aug 2022)

Nigeria’s “debt-for-climate” plans may address a US$410 billion ESG funding gap, the African Development Bank provides funding for green energy and debt sustainability, and Kenya launches a first-of-its-kind emission reduction tool – plus other key updates.
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Rokas | Greece | 29 Aug 2022

Ministry of Environment and Energy issues decision regulating priority of access for connection of plants to grid

The Ministry of Environment and Energy recently issued a long-awaited decision concerning the priority access of submitted applications for connection to the grid. However, it is expected that several projects will not receive a binding offer for connection to the grid, and the capacities of most projects will be reduced. Stakeholders and the public have therefore expressed their disapproval......
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Vinson & Elkins LLP | USA | 1 Aug 2022

What the Inflation Reduction Act Would Do, and Not Do, to Support Continued Offshore Wind Development

The Inflation Reduction Act spending bill, reflecting compromise between Senator Joe Manchin and Majority Leader Chuck Schumer, contains several…
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PLMJ | Mozambique | 29 Jul 2022

Mozambique | New Electricity Law

Law 12/2022 of 11 July (the “New Electricity Law”) has now been published and it establishes the new general organisation of the electricity sector…
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Kabraji & Talibuddin | Pakistan | 29 Jul 2022

Marching towards a wholesale electricity market in Pakistan

Major power sector reforms in Pakistan began in the 1990s with the introduction of the 1994 power policy incentivizing private local and foreign…
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