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Austria to abolish VAT on photovoltaic systems below 35 kW in 2024
Nov 17 , 2023
From 2024, Austria will no longer impose VAT on private photovoltaic systems. Austria's federal photovoltaic association (PV) welcomed the government's decision, having been calling for it to be reduced to zero for years. Climate Protection Minister Leonore Gewessler announced the measures as part of his economic stimulus measures. Herbert Paierl, Chairman of the Board of Directors of Austrian Pho...
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By 2026, China will have more than 80% of the world’s photovoltaic manufacturing capacity
Nov 13 , 2023
Research shows that despite the introduction of local manufacturing policies in overseas markets, China will still dominate the global photovoltaic supply chain and widen the gap in technology and cost. According to a recent research report titled "How Will China's Market Expansion Affect the Global Photovoltaic Module Supply Chain?" released by research firm Wood Mackenzie, after investing more t...
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