Greece Defaults. What now?

[mai]

Player2 said:

mai said:

^In regards to the topics of renewables that have been discussed here:
Abengoa, the Teetering Sun King of Spain, Prepares for End Game

ROFL, bwa-ha-ha-ha. Told you :D

As much as any other parasitic sector of economy after attracting sizeable amount of fools' money (aka investors) it's nearing bankruptcy leaving nothing but debt behind. RIP, we hardly knew ya.

Abengoa is a bad example because it has been a scam, just like Bankia.

On the other hand, wind has been Spain's #1 energy source in the first quarter of 2015:

Ironically, Abengoa has produced 0% of it.

They're all a scam. The more debt problems government budgets that supports this will have in the future, the more of Abengoa and alike will bite the dust. The close correlation between the former and the latter is one obviouse evidence of inability of said enterprises to reach break-even point outside of some shady schemes.

BTW you chart looks like electricity generation not energy production, that's not a full energy balance of any given country.