Image: Gryffindor, Wikimedia Commons
The Austrian government has decided to introduce a ‘Made in Europe’ bonus for PV projects of more than 35 kW with solar panels produced in Europe.
“The government decision strengthens job creation and supports the energy transition,” Vice Chancellor Werner Kogler, Minister of Climate Protection Leonore Gewessler and Minister of Economic Affairs Martin Kocher said in a statement.
PV Austria welcomed the new measure.
“This step is an important signal for both Austrian industry and the population that the high quality of domestic production is being promoted and that strong price pressure must be countered,” says Vera Immitzer, Managing Director of PV Austria.
Austrian PV company Fronius said last week it plans to cut 350 jobs. Other companies in the sector are also suffering from strong competitive pressure from China.
“Anyone who really wants to strengthen Europe’s environmental technologies must also provide the right investment incentives,” said Austrian Vice Chancellor Werner Kogler. “That is why the ‘Made in Europe’ principle should be an important part of the Austrian financing culture.”
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