India
The Indian Renewable Energy Development Agency (IREDA) provides revolving fund to financing and leasing companies offering affordable credit for the purchase of PV systems in India.
State Utilities are mandated to buy green energy via a Power Purchase Agreement from Solar Farms
The Ministry of New and Renewable Energy has launched a new scheme (Jan 2008) for installation of Solar Power Plants. For the producer, a Generation-based subsidy is available up to Rs. 12/kWh (€ 0.21/kWh) from the Ministry of New and Renewable Energy, in addition to the price paid by the State Utility for 10 years.
The State Electricity Regulatory Commissions are setting up preferential tariffs for Solar Power Rajasthan – Rs. 15.6 (€ 0.27) per kWh (proposed) West Bengal – Rs. 12.5 (€ 0.22) per kWh (proposed) Punjab – Rs. 8.93 (€ 0.15) per kWh
80% accelerated depreciation Concessional duties on import of raw materials Excise duty exemption on certain devices