Year:2014 (July 10th)
Policy status:In Force
Date Effective:2014 (July 10th)
Policy Type:Economic Instruments>Fiscal/financial incentives>Tax relief
Policy Target:Wind
Policy Sector:Electricity

The accelerated depreciation tax benefit for renewable energy plant developers was re-established on 30th of March 2014 after a two year long gap. The accelerated depreciation benefit is fixed on 80% level.

Renewable technologies eligible to benefit from the benefit:

  • Flat plate solar collectors;
  • Concentrating and pipe type solar collectors;
  • Solar power generating systems;
  • Wind mills and any specially designed devices which run on wind mills;
  • Biogas plant and biogasengines;
  • Electrically operated vehicles including battery powered or fuel-cell powered vehicles;
  • Agricultural and municipal waste conversion devices producing energy;

Last modified: Thu, 02 Apr 2015 13:45:16 CEST