Renewable
The National Energy Strategy includes ambitious targets to increase the contribution of renewable energy sources to the national energy supply. The share of renewable energy in the total energy mix is anticipated to reach 7% by 2015 and 10% by 2020. Plans are in place for up to 2,000MW in solar and wind energy projects by the end of the decade, with 64 international firms expressing interest in various projects across the country. The government is looking to generate 30-50MW of biomass by 2020. The passage of the Renewable Energy and Energy Efficiency Law, which aims to streamline investment procedures and paves the way for citizens to sell electricity back to the national grid, would go a long way into breathing life into the alternative energy sector.
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