Featured in A look beneath the surface – 02-2011

Herodes versus the sun

Spain: The Spanish government has imposed new restrictions on installed solar power systems. Remunerated solar electricity is to be limited retroactively. Whereas the government wants to save a lot of money, the PV branch fears a wage of bankruptcy among ten thousands of small investors who will be then unable to pay back their loans.

Last Christmas was no time for gifts for the photovoltaic industry in Spain. Although the government had decided just a few weeks earlier to cut the feed-in tariffs (FIT) for solar electricity by up to 45 per cent, the Council of Ministers applied the axe to the solar power branch again at the end of …

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