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The ICSID has rejected Spain’s request to annul the award ordering it to pay more than USD 106 million to Japan’s Eurus Energy, affected by the withdrawal of wind energy subsidies.
With no participants in the latest tender for key North Sea sites, the BWO warns of serious investment barriers and urges urgent changes to ensure future project viability.
Castilla-La Mancha was the most chosen location, with 1,924 MW submitted, while Zelestra led the ranking of developers thanks to the REINA mega-project totalling 887 MW.