Finance and Incentives

  • Seasonal pit heat storage: Cost benchmark of 30 EUR/m³

    Denmark has had a successful learning curve regarding to the cost and efficiency of seasonal pit heat storage, which is used to store sunlight in summer for heating purposes in winter. Take Sunstore 3, for example, a 60,000 m³ pit heat storage system built at a cost of 38 EUR/m³ of storage...
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  • Heat supply contracts: Popular but hard to implement

    A popular business model for solar thermal companies is a heat supply contract. More than 80 % of the businesses shown on the global map of turnkey systems providers for industrial solar heat, also known as SHIP, see these contracts and ESCOs as important means to boost sales. Almost the...
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  • 20,000 subsidised solar water heaters in Jordan

    The Jordan Renewable Energy & Energy Efficiency Fund (JREEEF) has launched a project to bring solar hot water to all parts of the Hashemite Kingdom. Its aim is to have 20,000 solar water heaters (SWHs) installed in the residential sector between 2013 and 2019. The business in charge of...
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  • ESCO solar heat projects in Spain

    More and more system suppliers are offering solar heat supply contracts, which reflects a growing trend in the solar heating and cooling market. And while most see Energy Service Companies, or ESCOs, as one among several options, Sumersol, based in Spain, specialises in this business,...
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  • GBP 320 million for low-carbon heat networks

    Heat networks have proved to be a reliable and cost-effective means to supply low-carbon thermal energy. And yet, just 2 % of buildings in the UK are connected to them. As a result, the Department for Business, Energy and Industrial Strategy launched the Heat Networks Investment Project (...
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  • 573 large-scale systems funded in Shandong province

    The coastal province of Shandong is not only a pioneering force in China’s solar thermal industry, but it is also leading in the support for solar process heat and space heating in manufacturing businesses. Four years ago, the provincial government launched Solar+, a support scheme...
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  • Building regulations and electricity prices drive market

    Budget constraints have cast considerable doubt on plans by the South African government to restart its solar water heater support scheme. Despite the setback, the solar thermal industry is optimistic in outlook because the country’s building regulations have been driving demand for SWH...
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  • “Solar heat can be more cost-effective than gas in district heating”

    In the Western Balkans, one of Europe’s southernmost regions, large district heating networks are a common sight. Some of those are run at return temperatures as low as 45 °C, making them well-suited for solar energy, according to Bojan Bogdanovic (see photo), Principal Fund Manager of the...
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  • C&I solar heat gains popularity in Mexico

    The Mexican solar thermal market continued to grow slightly in 2018. The newly installed collector area was up by 4 %, although some government programmes were stopped or changed because of last year’s presidential elections. Flat plate, vacuum tube and unglazed collectors each took a third...
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  • Solar steam ice cream and milk powder

    India’s first-ever commercial concentrating solar thermal plant, which consists of parabolic trough collectors made by German supplier Protarget, has been running successfully at a dairy owned by Hatsun Agro Products. As a result, Hatsun has inked a new agreement with the CST supplier to...
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  • New Brazilian government has no appetite for solar

    Brazil has just been through a tough election process: The new government is quickly shifting focus, abandoning nearly 16 years of social policy in favour of economic development. Now, the main objective is to improve the economy, which has been in crisis mode since 2014. As a consequence,...
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  • Concentrating solar heat may be vital to Lebanese energy policy

    Concentrating solar heat could be a pillar of national energy strategies, particularly in countries such as Lebanon, which is blessed with generous amounts of direct solar radiation. The country, situated on the Arabian Peninsula, has made CSH an eligible technology in its National Energy...
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