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Portugal: Solar Companies Struggle to Keep Business Running

Submitted by Baerbel Epp on May 1, 2013

The Portuguese solar thermal market has dropped significantly for the second year in a row. In 2012, the national solar industry association APISOLAR counted only 90,896 m2 of newly installed area, 29 % below the previous year, although the result was better than APISOLAR had predicted. In the 3rd quarter of 2012, the forecast had indicated a 45% drop in sales. Some attribute the smaller decline to an increase in energy prices in the Portuguese market. A new incentive programme for the residential sector with a EUR 1.5 million budget was launched at the end of 2012 and is expected to improve the situation in 2013. Applications are still being accepted, although companies and end-users may not submit one because of the bureaucratic hurdles that have to be overcome first.

Portugal: 45 % Drop in 2012

Submitted by Baerbel Epp on January 28, 2013

The Portuguese national solar industry association, APISOLAR, has just released the solar thermal statistics for the third quarter of 2012 and has once again reduced its forecast for the entire year. In September, the half-year result showed an estimated annual decrease of 35 % compared to 2011. Now, the association forecasts an even stronger drop in the market of 45 %.

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