SOLARSERVER - On January 27th, 2012 Spain's Ministry of Industry, Tourism and Trade (MITyC) announced that it has temporarily closed the nation's feed-in tariff (FiT) program, including FiTs for solar photovoltaic (PV) and concentrating solar power (CSP) generation, to new applicants. The suspension will not affect plants that are already receiving payments or those in a registry of systems for pre-allocation.
Spain's ruling center-right Popular Party had promised an overhaul of the electricity system, and a think tank aligned with the party had suggested that it would cut FiTs. The Popular Party replaced the Socialist Party as Spain's ruling party in November 20th, 2011 elections.
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