Finance and Incentives

  • Chile plans Tax Credits for Housing Developers

    A new bill by the Chilean government offers sweeping incentives to low income families and housing developers when purchasing solar water heaters. The chamber of deputies’ Finance Committee approved the draft in November of 2008 and it is now on its way to be approved by...

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  • Romania: Rebate Programme postponed

    Hope dies last – since there was still some left on the 15th of January that the comprehensive rebate programme for renewable energies in Romania could commence. The sector was waiting for the publication of the list of installers approved by the Ministry of Environment and...

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  • Overall Cap for Tax Reductions in Italy

    Dark clouds are beginning to appear over the prospects of the solar thermal market in Italy. On the 29th November 2008, the Italian government published a temporary law for modifying the 55% tax reduction that has driven the solar thermal market in recent years. The temporary law...

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  • Canada Committed to Solar Thermal Energy

    The first solar seasonal storage facility on the North American continent: Since September 2007, 52 single-family homes at the Drake Landing Solar Community in Okotoks near Calgary have been heated using 800 collectors of the Canadian manufacturer Enerworks and a ground reservoir with...

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  • Slow down after Boom in Germany?

    The crises of the financial markets did not seem to harm the speedy growth of the solar thermal market in Germany. Industry insiders at the conference Forum Solarpraxis in Berlin on the 20th/21st November agreed that the collector area installed in Germany will reach 1.7...

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  • Ambitious Plans for Solar Thermal Technology in India

    The Indian market of vacuum tube collectors is picking up pace: Several manufacturers of flat plate collectors have started importing tube collectors from China. So far, they possess a market share of 10 to 15 %. Photo: Sudarshan Saur

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  • Great Demand in Austria

    The solar thermal industry in Austria can take the financial crisis lightly: Demand is still increasing. The number of grant applications in the months between July and September was distinctly higher than in the months before. “Grant applications have increased by almost two-thirds in the...

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  • New Association and Subsidies in Thailand

    The solar thermal sector in Thailand finds its voice. After one year of preparation, the Solar Thermal Association (STA) is very close to being approved by the government. “We expect approval by January 2009”, says STA president Somsak Chutanan, CEO of the company Infratech...

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