Spain Negotiating With Solar Power Producers for Cut in Tariffs - BusinessWeek

Spain’s Industry Ministry is in talks with solar power producers about reducing the feed-in tariff for generating electricity, though the government hasn’t yet proposed a specific cut, a ministry spokesman said today.

Solar companies have suggested a cut of up to 30 percent in the price of power generated at solar plants from 2012, according to a spokesman for the Photovoltaic Industry Association. The government may impose a cut of as much as 40 percent on photovoltaic plants, Expansion reported today.

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