Strong manufacturers do not need home comforts

EUROPE: Accounting for 0.34% of GDP in 2009 and employing more than 30,000 people, the Spanish wind industry is a major European success story. Yet this January, Spain's renewables policy support was uprooted. Faced with EUR2.4 billion in electricity sector debt, the government announced a moratorium on feed-in tariffs (FITs) for new renewable generation.

by Oscar Fitch-Roy

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