Germany's constitutional court on Thursday ruled in favour of a government policy that required renewable energy producers to surrender excess revenues to help offset surging electricity costs during the 2022/2023 energy crisis.

Germany’s highest court has rejected complaints by renewable energy producers against a government decision to use their “excess profits” to help finance a cap on electricity prices

Germany’s top court rejected a suit targeting a levy that harvested part of the huge profits renewable-energy producers made after Russia’s full-scale invasion of Ukraine.