Photovoltaic Bubble Bursts as the Sector Tries to Negotiate a Debt Moratorium with the Government
The Corner Yesterday, Enerside, a Catalan photovoltaic company, filed for bankruptcy. With less than €6 million in revenue and over €60 million in debt, it is not an isolated case. The bursting of the photovoltaic bubble has left solar plant developers in Spain—a community of nearly a thousand companies of varying sizes—facing severe financial distress, with over 15% of the solar fleet at risk of…
We haven't written up this one. The Corner has the full story — the link below goes straight to it.