Coal-reliant Poland will reverse course and push through a law providing guaranteed purchase prices for power generated from wind turbines, an economy ministry official said on Wednesday.
The European Union member in December presented an overhaul of its renewable support plan that sought to retract guaranteed purchase prices for renewables, a move that raised investor concern in the rapidly growing wind sector.
Industry members said the lack of a purchase guarantee and a cut in the size of state support for wind by a quarter would shrivel up financing over worries costly projects would not provide a return in the European Union nation.
