For a few years, the sun was shining on the Czech Republic’s alternative energy industry. From 2009 to 2010, the world watched as the small Central European country rose from virtual solar obscurity to become one of the biggest producers of photovoltaics in Europe. Then, just as quickly as it grew, things started to go wrong.
Just two years later, drastic shifts in solar energy legislation squelched development and forced a standstill within the industry, leaving investors in disarray. Coming out of this turbulent period, renewable energy remains integral to the energy mix in the Czech Republic, but the need to improve storage technology and continued governmental support of nuclear plants has made it clear that solar energy is no longer fit to steal the spotlight.
Boom and Bust
published: 12. 6. 2013
12. 6. 2013