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Chilean Ministry of Housing and Urban Planning

Chile: New Tax Credits – Better Late than Never

Submitted by Baerbel Epp on March 2, 2016
BritecTwo years after the end of the tax credit scheme that was part of law 20.365, the Chilean parliament approved an extension of the support programme for solar thermal systems. Although it is good news for domestic solar system suppliers and installers, the approval process for the new incentive took one year longer than expected and many local companies are in critical condition after a prolonged downturn in the industry’s economic activity.
Photo: Britec

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