renewable energy incentives

Renewable energy incentives refer to financial or policy-based measures implemented by governments or organizations to promote the adoption and development of renewable sources of energy, such as solar, wind, hydro, and geothermal energy. These incentives aim to encourage individuals, businesses, or communities to invest in and use renewable energy technologies by providing tax credits, grants, subsidies, feed-in tariffs, loan programs, or other benefits, making renewable energy more affordable and competitive compared to conventional energy sources.

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