Finance and Incentives

  • Britec

    Chile: New Tax Credits – Better Late than Never

    Two 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...
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  • Calseia

    USA: Extended Tax Credits for Weak Solar Thermal Market

    Against all odds, the solar heating tax credits in the USA were extended again by 5 years. On 18 December 2015, the Consolidated Appropriations Act was signed, including an extension of the so-called federal Investment Tax Credits up to 2021. Originally, the tax incentives were expected to...
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  • Heating with oil

    Austria: Low Oil Price and Lack of Political Support Weakens Market

    According to the ISOL Index by solrico and market data from the industry association Austria Solar, the solar thermal industry is heading into another year of declining markets. Low oil prices and corresponding campaigns of the fossil heating industry have had a substantial impact on this...
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  • Greenshop

    Great Britain: Rumours of Closing down Renewable Heat Incentives

    Since the win at the general election May 2015, the UK Conservative Party has made significant changes to policies that were related to energy and environment protection. These include the currently in parliament discussed reduction of subsidies for wind and solar PV with the Feed-In...
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  • Solrico Portugal Market Assessment

    Portugal: New Government with Good Intentions but Lack of Action

    After a politically unstable last quarter of 2015, Portugal’s path for the next years seems to be finally set. The new socialist government, led by António Costa, took office by the end of November and brought back the old promise of supporting renewable energy sources. At least, this is...
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  • SHC2015: The Challenge of Smart Heating

    veral quickly receding waves of smart home hypes, the current trend to link devices in residential homes seems comparably stable. Drivers of the development are energy, security and comfort. Although new products and services for smart homes focus on electricity usage, Uwe Trenkner is...
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  • Saudi Arabia: “Cheap might still be too expensive”

    With a solar radiation of up to 2,550 kWh/m², Saudi Arabia seems destined to be a frequent user of solar thermal energy. Solar heating and cooling, however, are not very common in the Kingdom. A new housing programme launched by the government is now adding solar water heating to...
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  • Slovakian incentive programme Green Homes

    Since December 2015 Slovaks can obtain incentives for the installation of renewable energies systems including solar thermal energy from the EU funded programme Green Homes operated by the state Slovak Innovation and Energy Agency (SIEA) and implemented in various allocation rounds. Only Solar...
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  • Greece: Tax Incentives Benefit National Economy

    Greece’s solar water heater manufacturers have proved to be highly resilient at a time when the country is in economic crisis. The collector manufacturers were able to increase both domestic (+19 %) and export (+16 %) sales in 2014, according to the Greek Solar Industry Association, EBHE....
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