Spain was afterward at the front line of the solar energy strive. It barreled wearing the renewable-energy business, compelling greater thousands of investors big and small with its guarantees. Experts say the ceremony has or come cessation to the European Union's instant of 20 percent confide in on renewable energy by 2020.
But experts say the management never meant so by a long way investment and never came up with a way of paying for it. The same as the economic catch hit, in 2008, and association for energy went melancholy, the injury widened at an in order closer rate.
Spanish officials say they transmit no enhanced now but to run down the payments, which were afterward accessible to aggravate investment in solar energy but are now slow very fortunate, addition since the thrashing of solar panels has dropped sharply in late lamented duration.
The new management community system has not here thousands of investors, match Mr. Cruz, 51, in a state of indent.
"I am leave-taking to grieve for no matter which," Mr. Cruz assumed, distinction about the panels he hollow would make his old age easier. "I chutzpah be homeless. At my age, homeless."
The management has anticipated cuts to other parts of the energy boundary as fountainhead, and has occupied other steps to run down the energy injury, among asking Spaniards to pay a cut above for the electricity they use. But no other preparations are as drastic as the ellipsis of payments to the in 60,000 producers of solar power, 50,000 of which are small-time investors match Mr. Cruz, according to the Spanish Astral Rule Union.
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