Hong Kong Government To Encourage The Business Sector To Use Renewable Energy Installations

Hong Kong SAR Government Financial Services and the Treasury Bureau announced today that environmental protection authorities will provide mechanical and environmental protection device to speed up the tax deduction to encourage the business community to use the facilities.

Financial Services and the Treasury Bureau suggested that to provide qualified machinery caused by capital expenditure, in the year of purchase can be 100 percent deduction in the purchase of five consecutive years from the year, the annual deduction for the construction of environmental protection devices and the capital expenditure incurred by the 20 percent.

Environmental protection equipment is installed renewable energy, including solar photovoltaic devices, wind power installations, transforming waste into energy installations.

Source: 中国新闻网 Apr. 27, 2008

Israel's Construction Of The World's First Renewable Energy Park

Israel's Arava Institute for Environmental Studies will be combined with the power companies Arawa, in the southern Israeli construction of the world's first renewable energy park, the use of local rich solar energy resources and bio-fuels to provide electricity for the southern region, at the same time as an educational base for universal knowledge of renewable energy.

In addition to the park Israel in recent years the development of new technologies of renewable energy, will also be extensive to attract foreign experts and renewable energy resources, research and development of new renewable energy technologies. The next two years, including major construction projects: one for the local community to provide 2 megawatts of solar electricity power stations, use of fertilizers and livestock waste dates the development of bio-fuel in the local construction installed on all solar panels and small wind generator ; Green building community, so that each family from energy consumers into energy producers, and ultimately to the use of renewable energy to the south of Eilat provide 300 megawatts of electricity goal.

Arava Institute for Environmental Studies Director David said that if the world is eager to which country can shake off dependence on fossil fuels, then Israel is one of them. Israel not only have the desire, but also have the natural conditions and human resources, many of the world's new renewable energy technologies are developed in Israel. However, due to lack of appropriate policies and incentive mechanism to encourage, Israel's renewable energy development is not yet satisfactory. The purpose of building the park, on the one hand is to play local advantages of renewable energy-rich southern region to provide electricity to other energy can also set a model for sustainable development, enhancing people's environmental awareness and understanding of the importance of renewable energy.

Source: 科技日报 Apr. 27, 2008