To encourage investments in DG solar, the government recently in introduced a range of measures at state and federal level. Tax exemptions are now a reality in many states for DG PV power; substantial adjustments to the original net-metering legislation came into effect on March 1, 2016. In November last year, the government also unveiled its ProGD incentive program for distributed generation that comprises several instruments to further stimulate demand.
The largest incentive for the distributed sector in Brazil may have inadvertently come from the government via the substantial hike in electricity prices set by the federal regulatory body. Tariff increase of approx. 50% for both residential and commercial customers is making investments in solar much more attractive. The energy price increase will probably be the main driver of growth for the distributed solar segment in Brazil.
Photovoltaic power plants with a total capacity of 3.3 gigawatts are currently being planned to be installed in Brazil by 2018. It is expected that between 60,000 and 90,000 potential new jobs will be created by the expansion of PV power plants in Brazil.
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The Intersolar AWARD and ees AWARD Winners have been selected. Congratulations to all companies! The winners have been announced in the official AWARD ceremony on June 22 during Intersolar and ees Europe in Munich.