“Replacing imported fuels with local jobs”, this slogan of the European Solar Thermal Industry Federation (ESTIF) sums up perfectly the advantages of solar thermal technology for a national economy. The six biggest solar thermal markets in Europe – Germany, Austria, Italy, Spain, Greece and France – already exceeded 34,000 full time jobs in 2007 (check related article here). With an annual average growth rate of 20 % that is 6,800 jobs more each year. In the boom year 2008 in Europe this calculation results in 116,000 full-time jobs.
Furthermore solar thermal technology is an export trigger. In mature markets solar thermal industry is reaching high export rates. In 2007, Austria produced four times as many collectors as were newly installed in the country. In Greece, for the first time in 2008, the export will exceed local sales. Further Information: “Solar Thermal Action Plan for Europe” by the European Solar Thermal Industry Federation (ESTIF) http://www.estif.org/policies/st_action_plan/