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Spain to cut solar subsidies

August 03, 2010 - 00:00 GMT

KEYWORDS: Spain , photovoltaic , PV , solar cell , silicon carbide

Photovoltaic industry could face 45% cut in subsidies as govt spending falls

 

Ground-based solar farms are in line for the largest cut at 45%, while feed-in-tariffs for large roof-mounted installations and smaller roof-mounted installations face reductions of 25% and 5%, respectively.

 

Spain installed 2,600MW of PV capacity in 2008 – the largest globally – but the sector felt severe cuts...

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