Renewable Energy Policy of Spain

Spain was one of the best producers of solar energy in 2002, and it was the center of attraction for renewable energy investors, as it was listed in the top 10 for a certain time ago and is now fully separated from the 10 countries in renewable energy rankings. This ranking has been declining since the regulatory arrangements that led to the halt of FiT implementation in 2013. In October 2017, Ernst & Young's report on 'renewable energy country attractivenes index' listed Spain in 27th place just after Pakistan and Sweden. Sara Pizzinato, the former Managing Director of the Fundacion Renovables, said that it means that Spain is no longer attracting renewable energy investments. How accurate is this today? What happened in 2007? The Spanish government has turned its target to the private investors to meet renewable energy targets set by the European Union. Securing investments with subsidies made it easier for 62,000 people to invest their capital in solar energy pr...