Solar Industry Learns Lessons in Spanish Sun

Date: 03/09/2010 | Source: The New York Times
Solar Industry

Source: Lourdes Segade for the NY Times

Over the past few years, Spain has embarked on an ambitious solar energy program. Large government subsidies helped fuel a make over for this country, shifting the employment of entire towns from coalmines to solar farms, thrusting Spain into the number 2 spot behind Germany with regard to solar capacity. But, as much or more has been learned from the current downturn in the Spanish solar industry. Sky-high subsidies were unable to support a healthy, self-sufficient industry and poorly, hastily designed solar farms failed to maximize production that otherwise would have competed with more traditional fuel sources. Many countries, especially the U.S., are closely watching what has occurred in Spain in order to learn how best to approach a national solar program. What are your thoughts? Read this full article to learn more!

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