Solar sector celebrates new net-metering regulation in Brazil

Solar sector celebrates new net-metering regulation in Brazil

18.04.2012: A spokesman for the Brazilian association for the electric industry Abinee told PHOTON that Brazil’s newly approved net-metering regulation is a boon for the solar industry, although Abinee does not expect to see many new installations in 2012. Roberto Barbieri, Abinee’s adviser on electrical energy generation, transmission and distribution told PHOTON that the net-metering regulation for photovoltaic (PV) systems up to 1 MW in size – approved by the Brazilian national electric energy agency ANEEL on Tuesday – will begin to show results in early 2013. The new regulation will be published shortly in the Official Diary. Brazilian utilities will then have 240 days to implement the technical aspects of the regulation before they have to apply it. According to news agency Bloomberg, the president of energy industry association Associacao Brasileira de Distribuidores de Energia Eletrica, Nelson Fonseca Leite, estimated that Brazil could install as many as 300,000 rooftop PV systems by 2030, resulting in solar module sales of $3 billion over the next 20 years. …. Source: Aneel, Abinee, Bloomberg; Translation and summary: PHOTON http://www.aneel.gov.br/aplicacoes/noticias/Output_Noticias.cfm?Identi dade=5457&id_area=90 http://www.bloomberg.com/news/2012-04-18/brazil-rules-let-consumers-tr ade-renewable-power-to-utilities.html

 

 

Monty Bannerman

ArcStar Energy

646.402.5076

www.arcstarenergy.com