RES investors seek protection against land ownership ambiguities

Investors behind RES projects are urging authorities to move ahead with legislative revisions offering protection against land ownership ambiguities at properties hosting RES facilities. Numerous land ownership status changes at RES sites have been reported, derailing investments, according to energypress sources.

RES investors have called for a thorough framework protecting against nullification of agreements should ownership changes surface at land hosting RES projects.

The issue is expected to be resolved once work on a land registry covering the entire country has been completed, the sources noted. However, for the time being, existing land ownership ambiguities are surfacing frequently, spoiling RES investor plans.

In some cases, new land owners have emerged, following the conclusion of legal disputes, at properties hosting RES projects, consequently nullifying previous agreements established between investors and initial property owners.

Market officials want legal revisions as intermediate protection against such cases until the national land registry is completed.