European Commission grants Estonia permission to subsidize offshore wind farms

TALLINN, Dec. 9 (Xinhua) -- The European Commission has approved Estonia's 2.6 billion euros (2.8 billion U.S. dollars) program to support offshore wind farms by offering these power plants a guaranteed price for the electricity they produce.

Brussels' permission gives the green light to hold auctions with the lowest price, before which a number of amendments to the legislation will also need to be made, reporte