Spanish Government Facing a Tough Fiscal Situation;Plans Green Energy Subsidy Change The Spanish Government has been  facing a tough budgetary situation due to sovereign debt problems afflicting Europe.The government is trying to structurally reform its Energy Sector to make it more competitive and dynamic.Spain has one of the largest  Renewable Energy Capacities in the world […]

President Obama declared $1.85 Billion in Combined Loan Guarantees to Concentrated Solar Power Giant Abengoa and Cadmium Tellurium startup Abound Solar.These huge guarantees is nothing new as other solar startups like Solyndra and Brightsource Energy have also  received hundreds of million dollars in Loan Guarantees from Department of Energy(DOE).I had written earlier about how US […]

Background on Spanish Government’s proposal to cut Solar Subsidy on Existing Plants The Spanish government has been actively discussing with industry groups on how to reduce its Green Energy subsidies as the country faces a critical budgeting and funding problem.The impact of an “industry killing” 30% cut to existing solar plants would be quite devastating […]

Masdar’s Amorphous Silicon Division in Trouble Masdar, Abu Dhabi owned Green Company plans to build a  Solar Thermal plant called “Shams 1″ near Abu Dhabi. Masdar PV has been in the news recently with the Dismissal of its top executives as its German Thin Film plant is facing trouble.Masdar PV sourced technology and equipment from […]