Finance and Incentives

  • Photo: VSM Solar

    First cooling installation on Indian government building

    Gujarat State Electricity Corporation set up a solar thermal air conditioning system as part of its clean energy initiative last August. The installation offers a capacity of 150 tons of refrigeration (528 kW) to cool the Gandhinagar Thermal Power Station’s office building in Gujarat state...
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  • Chart: Aventa

    IEA SHC Webinar: Cost reduction potential above 30 %

    The key takeaway from an IEA SHC Solar Academy webinar held on 14 March 2018: There is still much room for cost cuts along the entire solar thermal value chain. The webinar was organised jointly by the IEA Solar Heating & Cooling Programme’s Task 54 and the International Solar Energy...
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  • Christian Holter

    Big Solar Germany: Utility-scale solar heat at record-low 36 EUR/MWh

    Operators of several gas-driven combined cycle power plants, or CCPPs, have notified the German Federal Network Agency of their systems’ final shutdown. These plants are no longer economically viable, as they have been running ever fewer hours because of a high proportion of cost-effective...
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  • Chart: Patrick Reiter

    NPV, IRR and DDP: The language of bankers and investors

    Industry professionals often do not use the same language as bankers and investors when they present solar thermal projects. We have asked Patrick Reiter, who has just finished his master’s thesis, titled Solar District Heating – Economic feasibility of large-scale solar thermal systems...
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  • Photo: Riccardo Battisti

    Solar thermal and biomass – a winning solution for district heating

    Biomass may be cheap and carbon-neutral, but a solar upgrade of biomass-fired district heating could further improve efficiency and reduce local emissions. For example, solar heat helps avoid having to start up and shut down wood-chip boilers or operate them at partial load. It can even...
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  • Source: Jaideep Malaviya

    India: Flat plates up, concentrating technologies down

    In 2017, India’s solar thermal market shifted heavily in favour of flat plate collectors, with systems based on concentrating technologies losing ground. The chart shows the annually installed flat plate collector area to have more than doubled last year compared to 2016. It went from 150,...
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  • Wagner & Co

    Germany: Solar thermal loses out to other renewables

    2017 was the weakest year for solar thermal collector sales in more than a decade, according to the combined statistics by associations BDH and BSW-Solar. Their data reveals that only 78,000 systems were sold last year. The newly installed collector area added up to 625,000 m², down 16 %...
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  • Photo: Riccardo Battisti

    Thermosiphon market rebounds in Italy

    System suppliers and importers in Italy have reported significant growth in thermosiphon sales in 2017 thanks to the national support scheme Conto Termico 2.0. “Compared to the previous year, we more than doubled the number of thermosiphon units we sold in Italy in 2017, and most systems...
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  • NFOŚiGW

    Solar to replace coal in Polish district heating networks

    Zbigniew Kamieński, adviser to the president of NFOŚiGW’s board, has recently made some encouraging statements. During the conference Use of renewable energy sources and seasonal heat storage in district heating in Warsaw on 17 January, he said that the proposal of a new subsidy...
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  • Investment subsidy for plants up to 200 m²

    The Netherlands Enterprise Agency RVO.nl administers since the beginning of 2016 a subsidy scheme for residential solar water heater systems as well as solar combi systems (hot water and space heating) with currently EUR 100 million EUR annually. 

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