Swifter guarantee payment for RES connection terms

RES project investors granted connection terms, old and new, for projects are likely to be required to pay guarantees within a two-month period, a shortened period that is expected to filter out idle, undeveloped project plans occupying capacity.

The details of this revision will be finalized once consultation on a related draft bill prepared by the energy ministry has been completed.

The draft bill will cover the next round of RES licensing simplification measures and a framework for the development of energy storage units.