Brazil launches comprehensive program to support distributed renewable energy generation
17.12.2015: Brazil’s Minister of Mines and Energy (MME) has launched a comprehensive program to support distributed renewable energy generation. The program, named Programa de Desenvolvimento da Geração Distribuída de Energia Elétrica (ProGD), includes all the initiatives implemented by the government to support residential and commercial PV projects over the past two years, as well as additional measures. The Ministry said the program is expected to bring up to 23 GW of new renewable energy capacity in Brazil by 2030. The program will offer, among other things, tax breaks on the import of components for renewable energy projects and low-interest loans from the Brazilian Development Bank (BNDES). In late November, Brazil’s energy regulator ANEEL decided to expand the net-metering scheme for solar and renewable energies. The authority said that the new scheme is expected to allow the installation of distributed generation renewable energy systems with a combined capacity of 4.5 GW by 2024. © PHOTON
Monty Bannerman
ArcStar Energy
+1-646-402-5076
www.arcstarenergy.com
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