ABSTRACT
In 2008 Spain was a front-runner in the solar market, thanks to a feed-in tariff that mandated that utilities would have to buy solar power at high, government-set rates. 2 The subsidy, introduced in 2007, was the most generous in the world and, with few conditions attached, attracted developers globally. 3 The promise of profits not only set the stage for a boom in photovoltaic (PV) installation, however, but, in the absence of a rigorous oversight mechanism, also proved an incentive for fraud.
