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Spanish Ministry of Industry Energy and Tourism

Spain: “Most of these companies will survive thanks to internationalisation”

Submitted by Baerbel Epp on December 16, 2013

Despite the seemingly never-ending recession in Spain, the solar thermal sector doesn’t throw in the towel. The sector is mainly dependent on the Technical Building Code, CTE, which mandates the installation of solar hot water systems in new structures and buildings undergoing major renovation. The burst of the housing bubble collapsed the construction market. Only 44,000 new houses were built in 2012 compared to 800,000 in 2006. Still, the economy shows the first signs of recovery, and the Spanish Solar Thermal Industry Association, ASIT, has been eager to find alternative markets and incentives that could improve the current situation.
Figure: ASIT

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