Capital subsidy is a financial incentive available on the total project cost of solar farms. Depending on the country, type of solar plant and the project size, a certain percentage of the capital investment is written off. Therefore it simply…
What are the Financial Incentives Available for Solar Farms Worldwide?
Why are financial incentives important in the context of solar? The realization of climate change and depletion of fossil fuels has emphasized the adoption of renewable energy sources like solar energy. But the fact remains that solar energy has not…
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Cost of solar power There is no one cost for solar power. The actual cost depends on a number of factors – region, technology used, scale, whether it is rooftop or ground mounted, and more. As a result, as of…
What is Accelerated Depreciation? What Benefits Does it Provide to a Solar Power Plant Developer?
About Depreciation In the context of solar power investments, you would have frequently come across the term Accelerated Depreciation. It would have been usually mentioned in the context of financial incentives. What exactly is Accelerated Depreciation, and how does it…
What are the Incentives Available for Rooftop Solar Installations in India?
While solar power is fast approaching what is called “grid parity” in some regions of the world – a situation where the cost of unsubsidized solar power is less than or equal to the cost of grid power – solar…