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The Climate Litigation Database
Litigation

Silver Ridge v Italy

Date
2015
Geography
International

About this case

Filing year
2015
Status
Decided
Geography
International
Court/admin entity
–
Case category
Suits against governments → Trade and Investment → Rollback of climate-justified measures
Principal law
Energy Charter Treaty
At issue
Claims arising out of a series of governmental decrees to cut tariff incentives for some solar power projects

Documents

Filing Date
Type
Document
Summary
02/26/2021
Decision
View
Award

Summary

In August 2015, Silver Ridge, a company incorporated in the Netherlands, which owned and controlled an Italian subsidiary that operated 25 photovoltaic (PV) plants, filed a request for arbitration against Italy, contesting Italy’s changes to the legal regime governing investments in the PV sector. Silver Ridge challenged the adoption of certain decrees under Articles 10 and 13 of the ECT. The Tribunal dismissed all claims on merits assessing that the new legislation and incentives rates were reasonable, foreseeable and proportionate, recognizing such measures as having a public policy purpose.