Hope for Austria's Photovoltaic Industry

Politics ♦ Published: January 28, 2011; 10:17 ♦ (Vindobona)

The development of alternative energy sources is being pushed by additional funding. EVN is also promoting alternative energies.

Hope for Austria's Photovoltaic Industry / Picture: © Vindobona.org

The Austrian photovoltaic industry now receives support from the federal government. Contrary to the fears in the industry, the federal government will provide € 32m in subsidies in 2011. In recent months, speculation circulated that funding had been for the next ten years had been exhausted. The Ministry of Economy now intends to comply with the high demand for funding …