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Austria: Tough Competition in a Shrinking Market

Submitted by Baerbel Epp on April 29, 2013

2012 meant shrinking sales figures in the Austrian solar thermal market for the third time in a row. Although most states have increased their subsidies for solar thermal, 2013 does not seem to get any better. Three companies went bankrupt within the last four months. Collector prices on the market are dropping – some call it normal competition or the end of a high price era, others call it dumping. According to the sales data from Austria Solar members, the market shrank by almost 16% in 2012 compared to 2011, reaching about 200,000 m² last year.

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