Solar incentives cut

Spain is the latest European government to reduce state incentives for solar power, after its industry ministry on 1 August confirmed cuts to feed-in tariffs — the price an electricity utility must pay to generators of solar energy. A draft law, now under review with the national energy regulator CNE, would cut subsidies by 45% for new large, ground-based photovoltaic plants, and by 25% and 5% for large or small roof-top panels, respectively. Existing plants might also have their subsidies cut, once the law’s details are clarified later this year. Germany and Italy have also announced solar subsidy cuts this year.

See this news briefing in Nature [html] [pdf]