Industry: Renewable energy

Austrian engineering group Strabag has moved to enforce the first known investment treaty award against Germany, which requires the state to pay €334 million over regulatory changes that affected wind projects in the North Sea.

07 April 2025

Turkish engineering group Enka has won a US$383 million ICC award against Georgia after terminating a contract to build a hydropower plant. 

04 December 2024

In a long-awaited development, signatories to the Energy Charter Treaty have voted to adopt a modernised version of the 1994 treaty, including changes to its investment protection and dispute settlement provisions. 

04 December 2024

Spain says it has defeated a pair of Energy Charter Treaty claims worth more than €72 million brought by renewables investors – the first time ICSID tribunals have found they lack jurisdiction over intra-EU disputes.

15 October 2024

Finland’s Fortum Oyj says it has settled its €200 million ICC dispute with a Danish manufacturer over Russian wind projects – as Russia instructs counsel in a separate treaty claim lodged by the Finnish state-owned company. 

11 October 2024

An ICSID committee has reportedly refused Spain’s request to annul a €28 million Energy Charter Treaty award won by a German solar investor – as the state seeks to overturn another award issued under the treaty over its renewable energy regime.

01 October 2024

Spain’s state-owned airport operator says an English court has unfrozen assets relating to London’s Luton Airport, which had been targeted by one of the state’s ICSID creditors. 

20 September 2024

Leading French arbitrator Yves Derains has been disqualified from hearing a Chinese solar panel producer’s ICSID claim against Italy over an alleged issue conflict stemming from his role as arbitrator in an earlier case against the state.

21 August 2024

UPDATED: A Korean hydroelectricity investor has threatened to bring an arbitration under its contract with a Pakistani state utility over the applicable tariff rates for a power plant project.

14 August 2024

The European Commission has launched infringement proceedings against Hungary after the state broke with the rest of the European Union over the retroactive application of the Komstroy ruling on intra-EU arbitrations under the Energy Charter Treaty.

30 July 2024