Brazilian state announces incentive programme for renewable energy producers

Facebook
Twitter
LinkedIn
Reddit
Email

A renewable energy incentive programme has been launched in the Brazilian state of Minas Gerais, by the state governor, Alberto Pinto Coelho.

The scheme, named ‘Energia de Minas’, will include tax breaks for investors building modules, inverters and solar plants. This will be in conjunction with incentives for involvement in other forms of renewable energy. Although financial details of the scheme have yet to be revealed, ‘Energia de Minas’ could also involve assistance from the local state-owned bank Banco de Desenvolvimento de Minas Gerais.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

A local company, Companhia Energetica Integrada, is already building a 3MW solar park in the state and Tecnometal, Brazil’s first solar panel maker, has apparently demonstrated an interest in investing in Minas Gerais.

In order to promote solar power in the region, the state of Minas Gerais and the Energy Company of Minas Gerais launched a web-based solar energy resources-mapping tool, ‘Atlas Solarmetrico de Minas Gerais’ in early 2013. This was done to promote solar power, especially for use in the local mining industry (Minas Gerais can be literally translated ‘General Mines’).

Minas Gerais also came to the attention of the solar power industry previously when the Mineirão football stadium, in state capital Belo Horizonte became the first Brazilian stadium to be fitted with a solar array, a 1.4MW capacity PV rooftop plant.

The fitting of PV to the roof of the Mineirão has formed part of Brazil's preparations for next year’s football World Cup, at which several of the participating stadiums will feature PV installations and other renewable energy measures to contribute to governing body FIFA’s sustainability programme as well as showcasing ecological innovation.

Read Next

July 15, 2025
Malaysian utility company Tenaga Nasional Berhad has officially launched a floating solar pilot project, which could help unlock 2.2GW of generation capacity.
July 15, 2025
Ingeteam has expanded its footprint in Australia by announcing it will supply the 243MWp Maryvale Solar and Energy Storage Project in New South Wales.
July 14, 2025
Australian renewables developer Edify Energy has submitted plans for a 300MWac solar-plus-storage site in Victoria to Australia’s Environment Protection and Biodiversity Conservation (EPBC) Act.
July 14, 2025
ACWA Power has signed power purchase agreements (PPAs) with Saudi Power Procurement Company (SPPC) for five solar PV projects in the country.
July 14, 2025
Elements Green has secured €80 million (US$93.5 million) in financing from Danish investment firm Copenhagen Infrastructure Partners (CIP).

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico
Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 22, 2025
Bilbao, Spain
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK