Spain’s vaunted green jobs vaporizing 

Bloomberg reports:

Spain Solar Manufacturing Plants Ran at 25% Capacity in 2009

By Ben Sills

June 22 (Bloomberg) — Spanish factories making solar panels operated at 25 percent of capacity last year as domestic demand for solar generators evaporated, the Photovoltaic Industry Association said.

Three quarters of the panels produced in Spain were exported as installation of new photovoltaic plants in the country declined by 99 percent compared with 2008, the Madrid- based lobby group said in a press note today.

This sort of deflates Obama’s talk, looking to Spain as an inspiration for green jobs.

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Timothy P. Carney

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