• Print

Spain suspends subsidies for 360 solar plants

Spanish regulators have suspended subsidies for 360 solar plants after they failed to prove their eligibility for the feed-in tariff (FiT), reports Bloomberg. The sanctioning brings the number of projects punished by the regulators to 1,919 and concludes the investigation into fraudulent subsidy claims within the country’s solar industry.

The project developers in question failed to prove their systems were capable of generating solar electricity by the September 30, 2008 deadline and therefore were not entitled to the highest consumer-subsidised tariff rate of €0.475 per kWh. In total, the regulators investigated 8,185 ground-mounted and rooftop solar systems.

At present, the suspensions are merely ‘precautionary’ until a final judgment is made, although 855 of the 1,919 system operators have already agreed not to challenge the regulator and accept a lower subsidised price of €0.326 per kWh. This amnesty agreement will protect them from the threat of losing their entire subsidy payment should they be found guilty of fraudulent claims.

Calls for an investigation into subsidy handouts first emerged after fraud allegations emerged in the media earlier this year.

Spain’s Government is currently attempting to reduce aid for many of its renewable-energy plants as a way to lower electricity costs for businesses and homes and also to help the economy emerge from its current recession.

PV-Tech Storage Promo

Newsletter

Preview Latest
Subscribe
We won't share your details - promise!

Publications

  • Photovoltaics International 26th Edition

    Looking back, 2014 was a year of convalescence for a PV industry still battered and bruised from a period of ferocious competition. End-market demand continued apace, with analysts towards the end of 2014 predicting the year would see between around 45 and 50GW of deployment. That has begun to feed through to the supplier end of the market, with all the main manufacturers announcing capacity expansions in 2015 and further ahead.

  • Manufacturing The Solar Future: The 2014 Production Annual

    Although the past few years have proved extremely testing for PV equipment manufacturers, falling module prices have driven solar end-market demand to previously unseen levels. That demand is now starting to be felt by manufacturers, to the extent that leading companies are starting to talk about serious capacity expansions later this year and into 2015. This means that the next 12 months will be a critical period if companies throughout the supply chain are to take full advantage of the PV industry’s next growth phase.

Partners

Acknowledgements

Solar Media