Industry: Renewable energy

The European Union has formally notified its withdrawal from the Energy Charter Treaty, as member states sign a declaration on the inapplicability of the treaty’s arbitration provisions to intra-EU disputes.

27 June 2024

A Swedish court has overturned a second Energy Charter Treaty award in favour of renewables investors against Italy on the basis it is incompatible with EU law.

17 June 2024

A US court has confirmed a Brazilian renewable energy company’s US$73 million ICC award against a Chinese manufacturer of solar panels.

14 June 2024

Ukraine’s state-owned hydropower company has notified Russia of a potential investment treaty claim over the destruction of one of its power plants.

06 June 2024

An ICSID annulment committee has upheld an award that reportedly required Bosnia and Herzegovina to pay €45 million to Slovenian investors in two hydroelectric power plants. 

03 May 2024

A Ugandan court has enforced an LCIA award won by a foreign-owned energy company against its local partners in a solar power project, rejecting arguments that it conflicted with public policy.   

29 April 2024

UPDATED WITH JUDGMENT: A German court has refused to order energy group RWE to halt its efforts to enforce a €28 million ICSID award against Spain, weeks after the award was upheld by an annulment committee. 

25 April 2024

The European Parliament has voted in favour of a “coordinated withdrawal” of EU member states from the Energy Charter Treaty.

24 April 2024

The Svea Court of Appeal has set aside a European renewables investor’s Energy Charter Treaty award against Spain for being incompatible with EU law – a week after the state failed to have another such award annulled at ICSID.

11 April 2024

An Australian company developing a controversial US$500 million uranium mine near Madrid says it will file an Energy Charter Treaty claim against Spain over its decision to block the project. 

10 April 2024