English Edition Spain Govt Doesn't Rule Out Retroactive Renewable Subsidy Cut Spain's government doesn't rule out a retroactive cut in its generous subsidies for renewable power, an industry ministry spokesman said Wednesday. dj Τετ, 21 Απριλίου 2010 - 18:43
Spain 's government doesn't rule out a retroactive cut in its generous subsidies for renewable power, an industry ministry spokesman said Wednesday. Shares in renewable energy companies plunged Wednesday amid regulatory concerns after Spanish media speculation about a retroactive subsidy cut. At 1055 GMT, engineering and renewable power company Abengoa SA (ABG.MC) fell 4.9% to EUR20.07, while wind turbine maker Gamesa Corporacion Tecnologia SA (GAM.MC) fell 3.9% to EUR10.23 and wind power producer Iberdrola Renovables SA (IBR.MC) was down 2.8% at EUR3.04. A retroactive cut is legally possible, but the government hasn't taken a decision yet and is weighing its options, the industry ministry spokesman said. Διαβάστε ακόμα Countries' Renewable Energy Plans Fall Short of Target, Says IRENA Παρ, 11 Οκτωβρίου 2024 - 20:08 US Embraces Serbia’s Energy Shift to Fend Off Kremlin Influence Παρ, 11 Οκτωβρίου 2024 - 20:03 Türkiye Calls on Greece, Bulgaria to Expand Capacity of Existing Gas Pipeline Πεμ, 10 Οκτωβρίου 2024 - 19:39 Stop Israel from Bombing Iran's Oil Sites, Gulf States Urge US Πεμ, 10 Οκτωβρίου 2024 - 19:36 OMV Petrom Premiers New Automatic Drilling Technology in Romania Τρι, 24 Σεπτεμβρίου 2024 - 19:58
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