Tag: European renewable energy subsidies

Transition to Bankruptcy: Europe’s Wind Turbine Makers Face Massive Financial Collapse

Europe’s wind turbine makers are in financial freefall; with subsidies slashed, demand for turbines has collapsed, input costs are soaring and their Chinese competitors are benefiting from their cheap and reliable supplies of coal-fired power. Oh, the irony! The barely disguised panic in this article from ReCharge (one of Europe’s leading wind and solar propaganda … Continue reading Transition to Bankruptcy: Europe’s Wind Turbine Makers Face Massive Financial Collapse

Solar Smashed: French Solar ‘Industry’ Furious At Plan to Slash Annual €2 Billion Subsidy Bill

Wind and solar generators keep claiming their wares are the cheapest of all, which means the subsidies should end, now. If they were genuine, that is. But, much like a sharp poker player with a duff hand, renewable energy rent seekers stake their entire existence on no one ever having the temerity to call their … Continue reading Solar Smashed: French Solar ‘Industry’ Furious At Plan to Slash Annual €2 Billion Subsidy Bill