Solar energy in Spain along with the solar industry is growing so fast that the Spanish government is considering upping its renewable-energy goals and decreasing its incentives on projects of solar energy. Strong Solar potential has beckoned those in the solar energy industry to come in droves. Coupled with support from the Spanish government, the country's solar energy industry is on track to three folds in 2009.
Spain's Ministry of solar energy has proposed tripling the cap on solar-electric installations from 400 megawatts to 1.2 gigawatts. Solar energy in Spain would face a decline if the government decides to act on the proposal of reducing Solar energy Subsidies by 35%, projects of solar energy in Spain are already not being financed by any bank, because of this fear. Fate of solar energy in Spain could be disappointing if the reduction in subsides on solar energy happens. Public in Spain should act together to avoid this type of negative effects on solar energy and renewable industry in Spain.
