Lost subsidies on the plain cause bankruptcies in Spain
June 18, 2010 | CFACTEU | Comments 1 |
Spanish solar subsidies cut 30 percent
Spain’s government will cut the revenue of most existing solar-power plants by 30 percent, a move that may bankrupt hundreds of companies that produce electricity using photovoltaic panels, a local trade group said.
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Filed Under: Energy Resources • Issues
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Oh Deary me, reality dawns on the Spanish Government.