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NEW DELHI: Installing a rooftop solar system may be much more expensive soon both for commercial establishments and residents. Large, commercial establishments that are already paying higher tariff for conventional power may not be entitled to the central government's 30% subsidy any more according to a public notice issued on January 2, 2014 MNRE. The Ministry of New and Renewable Energy (MNRE)'s current 30% subsidy for rooftop solar projects is under revision. It may be reduced soon to only 15%. The reduced subsidy may be applicable only for certain sectors like educational institutions, residential buildings, old age homes, orphanages, and state and central government buildings. "Due to limited availability of budget", the notice adds that the capital subsidy may not be provided to certain categories of beneficiaries at all. Continue reading
Origin: greenenergychoice.blogspot.com
Poland's government approved a long-awaited draft law on Tuesday that lays out new long-term subsidies for renewable energy, aiming to cut costs to consumers as well as help the coal-reliant country meet EU climate targets.Under the draft law, which requires final approval by parliament and the president, developers and owners of new renewable installations can sell their energy at auctions for a fixed price that would be guaranteed for 15 years regardless of market prices. The proposal would also set a ceiling on the subsidy.It would allow renewable power producers that are already in operation to keep their current subsidies or choose to join the auctions.Poland has been working for almost two years on a new renewables law that would help it meet the European Union's green energy targets at the same time as keeping costs relatively low.Poland generates around 90 percent of its electricity from coal and must increase renewable energy to at least 15 percent of the total by 2020 to meet EU rules on carbon emissions.Change has proved difficult, however, as renewable power producers complain that an uncertain legal environment has prevented them from making new investments.The previous subsidy system did not provide long-term guarantees, and governments across Europe have been progressively cutting subsidies.The government has calculated that the cost of its current subsidy system would rise to 7.5-11.5 billion zlotys (2.5-3.8 billion) a year by 2020. (1 = 3.0364 Polish Zlotys)SourcePost from CleanTechLaw.org: www.cleantechlaw.org
