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Finance and Incentives

Miraah in Oman: “Ahead of Schedule and Under Budget”

Submitted by Baerbel Epp on March 25, 2017
GlasspointReplacing gas with sunshine for enhanced oil recovery (EOR) is a cost-effective solution. This is the key message of US-based company Glasspoint, which has mobilised the biggest investment ever in a solar steam-producing unit in Oman. State-owned Petroleum Development Oman is building a concentrating solar thermal collector field called Miraah next to the Amal West oilfield. Once complete, it will generate more than a gigawatt of solar thermal power to drive EOR operations – saving Oman about 5.6 trillion BTUs of natural gas each year. 
Photo: Glasspoint
 

USA: Commercial Systems Dominate Californian Solar Thermal Market

Submitted by Baerbel Epp on March 24, 2017
California Incentive ProgrammeThe California Solar Initiative (CSI) – Thermal Program seems to have stabilised at around 20,000 m² (or around 200,000 ft²) of subsidised collector area per year. Commercial applications dominate the statistics, although there was a spike in the share of residential systems in 2016. The peak in applications for commercial pool heating in 2014 was due to the late addition of this type of system to the state subsidy scheme. It took almost a year before the level of incentives and other requirements were set, so that all the applications piling up over that period had to be processed in 2014. The data in the chart was provided by the California Public Utilities Commission (CPUC) and shows the subsidised and installed collector area for each year.
Source: CPUC
 

India: Proven SHIP Business Model with Third-Party Financing and Maintenance Contract

Submitted by Baerbel Epp on March 22, 2017
Harita SeatingThere has been growing demand for Aspiration Energy’s (AE) business of delivering systems that provide solar heat for industrial processes (SHIP). In January 2017, the turnkey SHIP supplier based in India completed a second solar field with 600 m² (180 kWth) of vacuum tube collectors for Harita Seating, which is one of the country’s leading manufacturers of automotive seating systems and part of the USD 7 billion TVS group. The first 600 m² system was commissioned in January 2015. Both fields combined meet around 50 % of the heat demand for degreasing and phosphating processes in Harita’s factory. The photo shows the solar thermal control panel in the production facility; the 3,000-litre solar thermal storage tank can be found on the right. 
Photo: Jaideep Malaviya
 

Lebanon: On Track for 2020 Square-Metre Target of 1 Million

Submitted by Baerbel Epp on March 3, 2017
NREAP LebanonLebanon seems to be one of only a handful of countries that are on track for meeting their solar thermal targets. The market statistics from the Lebanese Centre for Energy Conservation (LCEC) show around 250,000 m² of collector area were installed between 2009 and 2014, which exceeded the government’s aim of 190,000 m² for the same period. The second target set in 2009 – a collector area of 1 million m² by 2020 – is just as realistic, LCEC confirmed in its recently published National Renewable Energy Action Plan (NREAP) for the Republic of Lebanon 2016-2020 (see the attached document). The chart shows an estimated market increase of 600,000 m² between 2016 and 2020. The LCEC researchers and authors of Lebanon’s second NREAP also underline the importance of continuing the country’s financing mechanism.
Figure: Chart from NREAP, p. 87
 

Austria: New Medium-Temperature Collectors Show Remarkable Yield in District Heating Use

Submitted by Baerbel Epp on March 2, 2017
Graz Test Field SOLIDDuring the last seven years, a group of scientists has monitored selected large solar thermal installations in Austria on behalf of the Austrian Climate and Energy Fund. The gathered data confirms that these plants have been reliable and produce satisfactory yields. Particularly the new generation of large-scale medium-temperature collectors either with a foil or with a second glass cover shows remarkable results in district heating use. The 2,490 m² solar field (see photo) which has fed heat into the district heating network of Graz, Austria, reached a yield of 489 kWh/m². 
Photo: Picfly.at Thomas Eberhard
 

Germany: High Rebates Not Enough to Offset Market Decline Due to Cheap Fossil Fuels

Submitted by Baerbel Epp on February 27, 2017
ISHThree weeks before the ISH 2017 opens its doors again between 14 and 18 March 2017, the German renewable heating associations published their annual market statistics for 2016. The trend is clear: Low oil and gas prices have reduced demand for solar water heating systems (-8 %) and biomass boilers (-3 %), whereas the German heat pump industry can be more than satisfied with 17 % growth. The ISH is Europe’s largest trade fair for bathroom design, energy-efficient heating, air conditioning and renewable energies and takes place every two years in Frankfurt, Germany. 
Image taken from the ISH 2017 announcement video: http://ish.messefrankfurt.com
 

Macedonia: National Subsidy Budget Raise

Submitted by Baerbel Epp on February 14, 2017
Macedonia Incentive ProgrammeThe Republic of Macedonia has been in a state of political turmoil for some time. The most recent general election was held in December 2016, but it is still unclear whether a new government can be formed. Considering the circumstances, the provisional authorities have taken laudable steps to maintain a sense of continuity when it comes to national renewable energy policy. In late January, the Ministry of Economy extended the Programme for partial subsidising of purchased and installed solar thermal collectors in households. “This scheme has been a success since its implementation in 2007 and attracts broad interest,” the country’s economy minister, Driton Kuchi, explained on TV Nova on 7 February. Online news portal Tochka reports that between 2007 and 2016 (see the chart above), the programme supported 4,237 households with a total of Macedonian Denar (MKD) 54 million (around EUR 900,000).
 

State subsidies for solar thermal energy in Macedonia

Submitted by Baerbel Epp on February 14, 2017
Since 2007 the Macedonian government maintains its Programme for partial subsidising of purchased and installed solar thermal collectors in households. In 2017 the available amount has been increased from MKD 6 million (EUR 100,000) to MDK 16 million (EUR 260,000). Applicants can get up to 30% of the costs for buying and installing solar water heaters, but not more than EUR 300 per system. The applicant has to send the bill for the purchase and installation of the solar thermal system to the Macedonian Ministry of Economy.
Effective Date: 
Tuesday, January 31, 2017

Argentina: New Survey Confirms Growth, National Incentives Expected Soon

Submitted by Baerbel Epp on February 11, 2017
Argentinia EnergeArgentina has officially declared 2017 the Renewable Energy Year. A recent report published by the Instituto Nacional de Tecnología Industrial (INTI), a division of the Ministry of Industry, confirms that the national solar thermal market has been growing: An industry survey shows the solar heat segment to have doubled each year between 2012 and 2015, and another increase is expected for 2016. Meanwhile new legislation intended to promote the Use of Solar Thermal Energy of Low and Medium Temperature is still on hold, but stakeholders see it being approved over the next two months. 
Photo: Energe
 

India: New Union Budget and Its Impact on Solar Heat Market and Industry

Submitted by Baerbel Epp on February 8, 2017
BorosilThe new Union Budget that Finance Minister Arun Jaitley presented on 1 February 2017 proved the country’s commitment to renewable energy deployment. The funds available to the Ministry of New & Renewable Energy (MNRE) will increase by 9 % from INR 50.36 billion (around EUR 720 million) in 2016-2017 to INR 54.73 billion (about EUR 782 million). There have also been new tax regulations on solar-tempered glass, and the minister announced the creation of a development fund for the dairy processing industry and infrastructure development. The photo shows the inside of the solar-tempered glass factory of Gujarat Borosil Glass Works.
Photo: Jaideep Malaviya
 

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