SOLAR - Sweden to scrap taxes on solar energy in 2017


Bid to run entirely on renewable energy by 2040.

The move must be approved by the European Commission in Brussels, which aims to boost the EU's share of renewable energy to at least 20 percent of consumption.

In October, the Swedish energy market regulator had estimated that in order to reach the target of 100 percent renewable energy, the share of solar electricity would have to rise to between five and 10 percent.