Investors interested in developing Tanzania's vast renewable energy resources will benefit from financial incentives from the government. The country has also simplified procedures for investing in solar, wind and micro-hydropower projects, government officials announced in Arusha last week the incentives include a 100 per cent depreciation allowance in the first year of operation, exemption from excise duty and sales tax and concessionary Customs duty on the import of material and components used in renewable energy projects.