The Austrian authorities has launched incentives for PV techniques above 35 kW with modules manufactured in Europe. The measure goals to create new jobs and help the power transition, providing a 20% larger subsidy for eligible initiatives.

Image: Gryffindor, Wikimedia Commons

From pv journal Germany

The Austrian authorities has determined to introduce a “Made in Europe” bonus for PV initiatives above 35 kW in measurement with photo voltaic modules made in Europe.

“The authorities’s resolution strengthens job creation and helps the power transition,” mentioned Vice Chancellor Werner Kogler, Climate Protection Minister Leonore Gewessler, and Economy Minister Martin Kocher in a press release.

PV Austria welcomes the brand new step.

“This step is a crucial sign to the Austrian business and the inhabitants that top high quality from home manufacturing is promoted and powerful value strain must be decreased,” mentioned Vera Immitzer, managing director of PV Austria.

Austrian PV firm Fronius mentioned final week it plans to chop 350 jobs. Other corporations within the business are additionally affected by sturdy aggressive strain from China.

“Anyone who actually needs to strengthen European environmental applied sciences should additionally present acceptable funding incentives,” mentioned Austrian Vice Chancellor Werner Kogler. “That’s why the precept ‘Made in Europe’ must be an essential a part of the Austrian funding tradition.”

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