Brazilian state announces incentive programme for renewable energy producers

August 16, 2013
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

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

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

December 18, 2025
The latest edition of our print journal, PV Tech Power, is out today and available to download, where we deep dive into PV quality assurance.
Premium
December 18, 2025
PV Talk: Paul Gebhardt of Fraunhofer ISE discusses reliability issues facing advanced PV modules, an issue which isn't going anywhere.
December 18, 2025
French renewables company Voltalia has started site preparation works on a 43MW/135MWh solar-plus-storage project in French Guiana, a French overseas territory in South America.
December 18, 2025
Pivot Energy has completed three financing agreements, totalling US$225 million, while CleanCapital has raised US$185 million.
December 18, 2025
UAE-based renewables developer AMEA Power has commissioned a 120MW solar PV plant in the central Tunisian governorate of Kairouan, the country’s largest operational PV project.
Sponsored
December 18, 2025
If we imagine the development of PV industry in terms of scale and quality on a single curve, its trajectory has clearly been moving upward.

Upcoming Events

Solar Media Events
February 3, 2026
London, UK
Solar Media Events
March 24, 2026
Dallas, Texas
Solar Media Events
April 15, 2026
Milan, Italy
Solar Media Events
June 16, 2026
Napa, USA
Solar Media Events
November 24, 2026
Warsaw, Poland