“This constitutes a retroactive or pseudo-retroactive cut and creates just as much legal uncertainty,” says ASIF president Javier Anta, adding: “We cannot accept this.”

Anta says the plan involves limiting the number of hours per year for which existing and future solar installations can receive subsidies to 1,200 hours for fixed panels and 1,664 hours for moving panels. Spanish solar plants currently generate power for an average of 1,600-2,000 hours per year.

Rumours