Finance and Incentives

  • Some good news from COVID-plagued Brazil

    Some good news from COVID-plagued Brazil

    Brazil’s solar thermal market continued to grow in 2020 despite the pandemic taking a heavy toll on the country. According to annual statistics compiled by national solar thermal association ABRASOL, the newly installed glazed and unglazed collector area increased by 7.2 %, to 992 MWth...
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  • Europe holds top spot for SHIP incentives

    Europe holds top spot for SHIP incentives

    Spain has recently launched an investment grant scheme focused on industrial solar heat, joining an already long list of European countries – including Austria, Germany, France, Italy and the Netherlands – that have created similar programmes. In the last three months of 2020, Spain’s...
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  • Opposing trends on India’s solar thermal market 2020

    Opposing trends in India’s solar thermal market 2020

    In 2020, hopes for growth in India’s solar thermal market were dashed when Covid-19 spread like wildfire around the globe, causing a 10 % drop in annual capacity additions. A survey conducted by Malaviya Solar Energy Consultancy indicates 1.15 GWth (1.64 million m2) of...
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  • Demand for clean space heating rebounded in Germany

    Demand for clean space heating rebounds in Germany

    The German solar heat market is back on a growth path. In a joint press release published on 4 February, the BSW Solar and BDH associations said the newly installed collector area increased by 26 % in 2020, amounting to 643,000 m2 (450 MWth) or about 83,000 new solar...
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  • Disappointing solar thermal support policy in Romania

    Disappointing solar thermal support policy in Romania

    Romania’s government intends to spend RON 750 million (about EUR 150 million) on clean district heat over the next two years. But solar thermal is not eligible for the EU-funded programme, according to government spokesperson Catalina Decolare. Only centralised heating solutions sourcing...
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  • Up to 500,000 home renovations in France by 2021

    Up to 500,000 home renovations in France by 2021

    The #SolariseHeat initiative has helped Europe’s solar thermal associations push for better funding conditions, Edwige Porcheyre, Project Coordinator at French Enerplan, said at the Pushing #SolariseHeat Forward online workshop hosted by Solar Heat Europe in mid-November 2020. Enerplan’s...
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  • Little known VAT exemption in Senegal

    Little known VAT exemption in Senegal

    Senegal could see an increase in demand for solar water heaters after the government introduced VAT exemptions for solar thermal and PV. Decree No. 010158, signed by the Minister of Finance and Budget and the Minister of Petroleum and Energy in summer 2020, states that 22 components...
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  • Five pathways for decarbonising heating and cooling

    Five pathways for decarbonising heating and cooling

    “If we intend to take the Paris Agreement seriously, we will have to accelerate the deployment of renewable technologies in heating and cooling.” This statement by REN21 Executive Director Rana Adib during a webinar in late November explains why the organisation has just published another...
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  • Hybrid solutions are key to decarbonising industry

    Hybrid solutions are key to decarbonising industry

    Industrial solar heat will be a key element of any strategy to decarbonise the industrial sector. A mid-November workshop organised by partners to the EU-funded INSHIP project explained how industrial solar heat options can become affordable when SHIP systems work in concert with other...
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  • High expectations in Brazil despite Covid-19 worries

    High expectations in Brazil despite Covid-19 worries

    The solar thermal market in Brazil grew by about 6 % in 2019, adding 1.32 million m2 (0.93 GWth) despite a turbulent economy. The surge came in part due to new commercial customers that require large quantities of hot water and followed four years of steadily declining...
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  • World´s largest solar district heating plant with concentrating collectors

    World´s largest solar district heating plant with concentrating collectors

    The Chinese parabolic trough collector manufacturer Inner Mongolia XuChen Energy  has successfully operated a huge solar district heating plant since 2016 in a village near Baotou in Inner Mongolia, an autonomous region of China. Yu Wang, General Manager of XuChen, said that there is...
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  • NewHeat secures EUR 13 million loan to finance 5 solar heat plants

    NewHeat secures EUR 13 million loan to finance 5 solar heat plants

    French project developer NewHeat has successfully closed a EUR 13 million finance deal with Triodos Bank, Germany, and Crédit Coopératif, France, to cover the costs of putting up five solar heat plants with a total capacity of 28 MWth. The project pool comprises the industrial...
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