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.

Not ready to commit yet?
  • 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

August 29, 2025
Chinese module maker JA Solar has launched DesertBlue, a PV module designed for desert and semi-arid regions. 
August 29, 2025
Independent power producer (IPP) Verano Energy has closed a US$204 financing for a 83MW/660MWh solar-plus-storage project in Chile.
August 29, 2025
The first half of 2025 has been the strongest year for UK solar energy generation on record, according to a new report think tank Ember.
August 29, 2025
US-based climate insurance provider kWh Analytics has launched a new renewable energy insurance cover for extreme weather events.
August 29, 2025
US grid interconnection agreements grew by 33% in 2024, reaching 75GW, with three-quarters signed for solar PV and battery energy storage system (BESS) projects, according to a new report from energy market analyst Wood Mackenzie.
August 29, 2025
Meridian Energy and Nova Energy have established a JV to build and operate a 400MW solar plant in Rangitaiki near Taupo in New Zealand.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines