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Portugal: Increase in VAT Rate in 2012

Submitted by Baerbel Epp on November 23, 2011

 Installed Collector Area in PortugalApisolar, the Portuguese national solar association, expects a 30% decrease in newly installed collector area this year. The forecast until the end of 2011 is 127,000 m2 (89 MW), whereas around 180,000 m2 of collector area were newly installed in 2010. This year's low demand has partly been a result of the changes in the national support policy. And, some more major changes in the country’s fiscal policy are coming into effect at the beginning of 2012 - which means the downward trend is not likely to be stopped next year, too.
Source: Apisolar

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