Solar power companies face end of Spanish subsidies

[phantom power]

VALENCIA, Spain: Growth in solar power installations in Italy may not be enough to offset shrinking global demand, Italian industry experts say.

Part of that reduced demand could come in Spain, where solar power companies face a drastic slowdown next year because the government is preparing to sharply reduce subsidies.

http://www.reuters.com/article/newsOne/idUSISL7139220080904

[kristopher]

1. Wrong link in post. - Tells about pissed of Pakistanis

[phantom power]

2. Oops, here's the correct link:

http://www.iht.com/articles/2008/09/03/business/solar.php

[kristopher]

3. These are the relevant parts IMO

...Italian manufacturers said they faced considerable bureaucratic hurdles. Angelo Nogara, managing director of one of them, Solkraft Italia, said many Italian solar plants had to wait a year after being built to be connected to the grid. He also cited the case of a local authority's asking for a study on the acoustic impact of a solar plant, which is silent in its operation.

"I hope we can have 1,000 MW, but I am not sure because of bureaucratic problems," said Nogara, who is also international affairs officer at Assosolare, an industry group.

Generous subsidies in Spain will expire this month after...


and


...On a brighter note, an investment banking firm, Piper Jaffray, said it expected strong growth in France in 2009 and 2010, partly because of an expected decline in the price of solar panels and partly because of subsidies introduced in 2006 making themselves felt.

"'We believe France should be a key driver for solar together with Italy during 2009-2010," the firm said in a report. Piper Jaffray said it believed that France would add 500 megawatts of capacity in both 2009 and 2010. France has just 50 megawatts of solar power capacity now....

[chknltl]

4. Figures, bureaucrats standing in the way of solar power.

I wonder why those bureaucrats would do that! :sarcasm: Thanks for pointing out what is truly relevent in this link kristopher. Perhaps the OP could add to this by doing an expose on how bureaucrats are standing in the way of alternate energies and why they would do such a thing.