Basic Plan for the Promotion of the Development, Use and Diffusion of New and Renewable Energy

Source: IEA/IRENA Renewables Policies Database
Last updated: 2 June 2016

Low-interest loans offered to companies that employ renewable energy technologies, processes and equipment. - A 10% investment tax credit for companies investing in energy RD&D projects. - Priority in receiving tax credits for companies reserving funds to invest in renewable energy RD&D. - Plans to strengthen mandatory fixed-price purchases of renewables electricity. - Plans to provide grants for RD&D of renewable technologies up to 75% of capital cost for PV and 25% for wind power. In addition, a green pricing program is under review, more RD&D activities are supported and through project-based business centres, the private sector is encouraged to undertake RD&D activities by providing grants and credits.

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