Alexander C. Kaufman
@kaufman
Spain’s solar market is collapsing, and virtually every major developer is selling off its panels because no one can make money during the hours when the sun is out. At the same time, the Spanish government is preparing to start shutting down the country’s nuclear plants. https://www.elespanol.com/invertia/empresas/energia/20250425/colapso-fotovoltaico-espana-gw-proyectos-solares-cuelgan-cartel-vende-precios-hundidos/1003743728661_0.html
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CRUNNELLA
@crunnella
Could be corporate solar farming industry is collapsing because people are installing their own solar panels for the savings and tax cuts. I think solar power is moving from corporate hands to the people as solar panels are getting cheaper and gov regulations for installation are loosening (ie. permit not required or much easier to get) I see tons of brand new buildings with solar panels fitted on the roof. (I don’t know if it’s a developer requirement, tax benefit, or both.)
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nomygod
@nomygod.eth
i have confidence in our napping solar spanish friends. just pump water up a tower during sunlight time and use gravity as batteries or molten brine or straight up actual batteries like what do you mean spain has more sunlight than most of the USA yearly
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Koolkheart
@koolkheart.eth
Government’s killing nuclear plants, but solar isn’t making enough money? Great strategy. If they can’t keep the lights on with reliable energy sources like nuclear, this feels like jumping from the frying pan into the fire 🤷🏽♂️
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J. Valeska 🦊🎩🫂
@jvaleska.eth
spain never bet on solar energy, gov retired grants to protect the big players, then years later they grow a bubble to make money from investments, all these companies deserved bankruptcy for different scams, they must be nacionalised. This oligarchy must stop one day.
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Mikko
@moo
I think they just announced nuclear shutdown is cancelled, but I might be wrong
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Bossnkt
@bossnkt
Hmm... So how are going to get power?
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