Solar panel owners to storm Madrid as cutbacks kill their investment
Monday, June 23, 2014 @ 3:14 PM
TENS of thousands of investors and workers in the solar panel sector plan to take over Madrid in a mass 'green' protest over budget cuts in the renewable energy sector which they say are going to 'ruin 62,000 families'.
With the upsurge in environmentally-friendly fuel sources in the past few years and Spain being one of the market leaders in the field, between 55,000 and 62,000 individuals and small companies decided to invest in solar panel 'farms' as a way to guarantee their financial future.
But most are now on the verge of bankruptcy thanks to ongoing funding cuts in wind and solar energy by the current and previous central governments.
Coaches are due to be thrown on to take demonstrators from practically every one of Spain's 17 autonomous regions to Madrid, where they will converge upon the central Paseo de la Castellana, the capital's main business district.
Farming associations, solar energy companies, environmental groups and representatives of all political parties except the reigning PP will be involved, as well as Greenpeace.
Read more at thinkSPAIN.com