Brazilian solar sector advises government to invest in solar

Brazilian solar sector advises government to invest in solar

29.06.2012: In a new in-depth report published by Brazil’s main solar association ABINEE, the association urges the Brazilian government to adopt new measures that would encourage the development of a solar industry in Brazil. ABINEE warns: “There is a risk that Brazil will lose the chance of obtaining a position in this highly strategic industry.... Some analysts consider that Brazil is already behind in this process.” According to the report, an established domestic solar industry and a successful solar market are inextricably linked. ABINEE therefore calls on the government to finally launch an auction for megawatt-size solar projects, a program the government has been considering for quite some time. The association also calls on the government to encourage deployment of distributed generation systems by developing a supportive regulatory environment and by introducing new solar programs. While ABINEE welcomes the recently approved net-metering regulation in Brazil, it says additional initiatives such as solar leasing programs and programs for community-owned solar projects are needed to help consumers embrace solar energy. ABINEE also asks the government to introduce tax incentives and financing facilities designed specifically for solar companies. ABINEE estimates that at the end of 2011, Brazil’s total installed PV capacity stood at 31.5 MW – 30 MW of which was off-grid. ABINEE represents over 140 solar companies. … Source: ABINEE; Summary: PHOTON http://www.abinee.org.br http://www.abinee.org.br/informac/arquivos/profotov.pdf

 

 

Monty Bannerman

ArcStar Energy

646.402.5076

www.arcstarenergy.com