Work Area: Renewable energy

Wind park investor seeks to revive Dominican lost profits claim

A Spanish renewable energy company has applied to a Miami court to revive a nearly US$288 million ICC claim against the Dominican Republic for lost profits from a wind park that was never built.

12 May 2021

Ukraine faces claim over renewables reforms

Lithuanian renewables company Modus Energy has filed an Energy Charter Treaty claim against Ukraine – thought to be the first in a potential wave of cases the state could face over reforms to its tariffs regime.

28 April 2021

Spain largely defeats Toyota renewables claim

An ICSID tribunal has largely dismissed a €258 million Energy Charter Treaty claim brought by a subsidiary of Japan’s Toyota Group against Spain over its renewable energy reforms.

25 March 2021

Swiss court rejects Spain’s challenge to solar award

A Swiss court has upheld a €91 million Energy Charter Treaty award in favour of a group of solar power investors against Spain despite the tribunal’s refusal to reconsider its jurisdiction in light of Achmea.

23 March 2021

Ecotourism investors put Costa Rica on notice

A German family of ecotourism investors have threatened Costa Rica with an ICSID claim after their land was expropriated to build a hydropower plant.

19 March 2021

Tribunal won’t reopen Spanish solar award

An ICSID tribunal has refused to revise a €28 million Energy Charter Treaty award against Spain over reforms to its renewable energy subsidy regime – concluding that the state’s request was without legal merit.

11 March 2021

Spain defeats renewables claim by Blackrock

An SCC tribunal has dismissed a €135 million Energy Charter Treaty claim brought against Spain by a subsidiary of US investment fund Blackrock over the state’s reforms to its renewable energy subsidy regime.

09 March 2021

Japan faces first treaty claim

A Hong Kong-based investor has brought the first known investment treaty claim against Japan over cuts to renewable energy subsidies – reportedly creating panic in the Japanese government that those reforms may lead to a wave of claims.

03 March 2021

Italy defeats solar power claim

An ICSID tribunal has rejected an €80 million Energy Charter Treaty claim brought by an affiliate of a US power company against Italy over reforms to its renewable energy regime.

01 March 2021

Energy disputes in times of global pandemic

The ITA-IEL-ICC joint conference on international energy arbitration considered the future of the energy industry and the challenges the industry faces during the covid-19 pandemic. Maria Slobodchikova of Freshfields Bruckhaus Deringer in New York reports.

24 February 2021

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