Market for Solar Power Shrinks

Business › Commodities ♦ Published: February 20, 2012; 19:21 ♦ (Vindobona)

The Austrian renewable energy market showed a substantial slump in 2011. Subsidies were cut considerably.

Market for Solar Power Shrinks / Picture: © Vindobona.org

Already one out of seven single family homes is equipped with a solar energy plant. Only Israel, Cyprus and Barbados have more solar collectors per head, says Roger Hackstock at Verband Austria Solar.

However, for the second time in a row, the Austrian solar market shrinked. This is mainly resulting in a cut in subsidies in Lower Austria, which is the biggest inner-Austrian…

or Log In

Fast News Search
Related News
Verbund Starts Styrian Power Plant (February 8, 2012)
Vorarlberg Invests Massively in Renewable Energy (February 7, 2012)
EVN Acquires Wind Park (January 27, 2012)
€ 400m for Solar Power (November 12, 2011)
Lower Profits for Verbund´s Subsidiary Sorgenia (October 18, 2011)
Read More
Renewable Energy Industry, China, Energy Industry, Germany
Featured
See latest Vindobona Newsletter