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Spanish law blocks 11,080 megawatts of wind parks, Cinco says 

Credit:  By Todd White, Bloomberg, www.bloomberg.com 6 February 2012 ~~

Spain’s suspension of subsidies for renewable energy in January has left 11,080 megawatts of wind-park projects with no way forward, Cinco Dias reported.

The measure, carried out by the new national government that took power in December, is the second obstacle for the projects that had been awarded by nine regional governments over the last two years, the newspaper said.

Those planned wind-energy stations already were restrained by last month’s expiration of the law that underpinned their incentives, Cinco Dias reported, citing unidentified people in the industry.

Source:  By Todd White, Bloomberg, www.bloomberg.com 6 February 2012

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