Finance and Incentives

  • Chile

    Chile: Solar Thermal Market Moves at Half Throttle

    One year after the relaunch of the tax credit scheme for solar thermal systems in February 2016 (Law 20.897), some preliminary figures show a small increase of Chile’s solar market. But although...
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  • Tunisian Market Development

    Tunisia: National Subsidy Scheme Prosol Extended to 2020

    Tunisia`s solar thermal market stabilised at 64,000 m2 in 2016, a figure only slightly lower than the 65,000 m2 in 2015 and in 2014, but significantly below the peak years of 2008 to 2010. The key market driver had again been Prosol, the national residential programme...
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  • Glasspoint

    Miraah in Oman: “Ahead of Schedule and Under Budget”

    Replacing gas with sunshine for enhanced oil recovery (EOR) is a cost-effective solution. This is the key message of US-based company Glasspoint, which has mobilised the biggest investment ever in a solar steam-producing unit in Oman. State-owned Petroleum Development Oman is building a...
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  • California Incentive Programme

    USA: Commercial Systems Dominate Californian Solar Thermal Market

    The California Solar Initiative (CSI) – Thermal Program seems to have stabilised at around 20,000 m² (or around 200,000 ft²) of subsidised collector area per year. Commercial applications dominate the statistics, although there was a spike in the share of residential systems in 2016. The...
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  • NREAP Lebanon

    Lebanon: On Track for 2020 Square-Metre Target of 1 Million

    Lebanon seems to be one of only a handful of countries that are on track for meeting their solar thermal targets. The market statistics from the Lebanese Centre for Energy Conservation (LCEC) show around 250,000 m² of collector area were installed between 2009 and 2014, which exceeded the...
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  • Macedonia Incentive Programme

    Macedonia: National Subsidy Budget Raise

    The Republic of Macedonia has been in a state of political turmoil for some time. The most recent general election was held in December 2016, but it is still unclear whether a new government can be formed. Considering the circumstances, the provisional authorities have taken laudable steps...
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  • State subsidies for solar thermal energy in Macedonia

    Since 2007 the Macedonian government maintains its Programme for partial subsidising of purchased and installed solar thermal collectors in households. In 2017 the available amount has been increased from MKD 6 million (EUR 100,000) to MDK 16 million (EUR 260,000). Applicants can get up...

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  • Argentinia Energe

    Argentina: New Survey Confirms Growth, National Incentives Expected Soon

    Argentina has officially declared 2017 the Renewable Energy Year. A recent report published by the Instituto Nacional de Tecnología Industrial (INTI), a division of the Ministry of Industry, confirms that the national solar thermal market has been growing: An industry survey shows...
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  • Borosil

    India: New Union Budget and Its Impact on Solar Heat Market and Industry

    The new Union Budget that Finance Minister Arun Jaitley presented on 1 February 2017 proved the country’s commitment to renewable energy deployment. The funds available to the Ministry of New & Renewable Energy (MNRE) will increase by 9 % from INR 50.36 billion (around EUR 720 million)...
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