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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…

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