Friday, May 8, 2015

Brazil's energy regulator to facilitate grid connection of PV projects up to 1 MW

 

Brazil's energy regulator to facilitate grid connection of PV projects up to 1 MW



08.05.2015: Brazil’s energy regulator Agência Nacional de Energia Elétrica (ANEEL) announced it will review the regulation for the grid connection of renewable energy microgeneration (up to 100 kW) and minigeneration (between 100 kW and 1 MW) power systems in order to eliminate the obstacles that are preventing this market segment to grow. According to ANEEL, the current regulation, which was issued in 2012, has enabled the installation of only 534 renewable energy systems with a power of up to 1 MW to date. Of these power systems, however, 500 are represented by PV installations. Under the new regulation, the power limit for the microgeneration and minigeneration will be changed to 75 kW and 5 MW, respectively. Furthermore, ANEEL said it will reduce the cost and the time it takes to install a microgeneration and minigeneration renewable energy power system. According to the authority, the Brazilian government is targeting to install approximately 700,000 residential and commercial PV systems by 2024. These PV systems are expected to reach a combined capacity of 2 GW. In March, Brazilian Minister of Energy and Mines Eduardo Braga announced that the government is planning to exempt revenue generated by distributed generation PV projects developed in the country from the ICMS, the Brazilian state sales tax. According to the minister, this tax break could encourage enterprises and homeowners to invest in solar power systems and to reduce their energy bills. Later in April, Brazil’s National Finance Policy Council (CONFAZ) allowed the country’s states to exempt revenue generated by distributed generation PV projects from payment of the ICMS. São Paulo, Pernambuco and Goiás were the first states that decided to apply this fiscal exemption to distributed generation PV projects. © PHOTON

http://www.aneel.gov.br

http://www.aneel.gov.br/aplicacoes/noticias/Output_Noticias.cfm?Identi
dade=8534&id_area=90

 

Monty Bannerman

ArcStar Energy

+1-646-402-5076

www.arcstarenergy.com

 

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