Seven Days

摘要

Spain's government is slashing subsidies to its photovoltaics industry by around 30%, or €740 million (US$970 million) per year, as part of plans to save more than €4.6 billion in electricity costs over the next three years. The measures, announced on 23 December, cut generous feed-in tariffs (the price an electricity utility must pay to generators of solar energy) by capping the subsidized hours that solar plants can sell. Solar industry investors protested that the changes would damage the industry.