Sunny Spain’s green energy plan leaves needy feeling cold

Published by
Reuters

By Corina Pons MADRID (Reuters) – Standing by his swimming pool at his home in an affluent Madrid suburb, retired engineer Juan Manuel Cosmes Cuesta enthuses over the 30% state subsidy he will get for installing solar panels that have already more than halved his monthly power bills. “Lots of people we know – neighbours, my wife’s friends in the area – are doing it and everyone is happy,” he said. Not so in less wealthy areas a short drive away. “I understand that for these subsidies you have to put up part of the money first and that it is a lot for many people,” said Manuel Blanco, a 44-year…

Read More

Leave a Reply