Too much sun: Is Spain’s solar boom really turning into a ‘bust’?

Spain’s ambitious expansion of renewables is facing growing scrutiny over fears that too much solar power could trigger a mass investor exodus.

Over the last fortnight, two major news publications have criticised the country’s efforts to wean itself off of polluting fossil fuels by investing more than €70 billion in clean energy in the last 15 years.

Headlines declaring that “Spain’s solar is so cheap investors are looking for an exit,” and “How Spain’s solar power boom turned to bust” suggest that the country’s excess electricity is devaluing solar farms and turning business away.

But, is this the full picture, what solutions does Spain have and what does all of this actually mean for citizens?

Renewables are sheltering Spain from volatile fossil fuel prices