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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.

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