Protermosolar Secretary General, Luis Crespo, said that in just six weeks the Concentrating Solar Power (CSP) sector has lost 33% of their income.
Protermosolar Secretary General, Luis Crespo, said that in just six weeks the Concentrating Solar Power (CSP) sector has lost 33% of their income and wondered "how can you trust a country that uses 13,000 million to attract investment and, once that CSP plants have been built, the next day sinking business expectations. "
On February 1st, 2013 the government of Spain approved retroactive changes to the nation’s feed-in tariff system, including changing the formula for payment to a fixed price based on the regulated tariff formula.
The new Conservative government under the People’s Party (PP) has outdone the Socialists in hostility to the feed-in tariff program, suspending feed-in tariffs in January 2012 and enacting an "energy tax" of 7% on producers in January 2013.
"This is a full-scale expropriation, so it’s sarcastic (the Prime Minister, Mariano) Rajoy ask out denying legal certainty within. Argentinize That is Spain," he said, before accusing Industry estimates CSP costs to 1,600 million, when in fact was 1,200 million.
The solar thermal warning that international investors, which include large corporations begin shortly procedures for filing an international arbitration against Spain for the new taxation power, as there were "demonstrable and objectified" that new taxes are in the case of this technology, "retrospective and confiscatory".
Some 10,000 million solar investment is leveraged, and this amount, added to the nearly 20,000 million debt of photovoltaics, stands at about 30,000 million total leverage of solar technologies.
"Spain is a leader not only in solar ppower roduction, but also in the technology worldwide," states Protermosolar.
"The CSP industry could provide a significant benefit to the nation in foreign income, given the billion-dollar market that is emerging, if the development of companies is not restricted by retroactive measures announced in the energy reform."
Protermosolar notes that CSP received only 2% of the premiums collected under the nation’s feed-in tariff, which was suspended in January 2012. The organization states that CSP has had a negligible effect on the tariff deficit to date.