The solar PV market in Spain was severely affected in 2007/2008 by retroactive cuts of the feed-in-tariff. Since then, the market has been idle with no major projects realized. However, AustrianSolar is following the current economic developments very closely, in order to be prepared once grid-parity projects become feasible. This would be in line with AustrianSolar’s current strategy to focus on sustainable, unsubsidized markets avoiding any budget cuts risk. Depending on the overall of the European market conditions, this scenario could become reality by 2015/16.