10MW Solar Project Pipeline Now Open in Brazil

Brazil approves 88 MW of renewable projects to enter incentives scheme

Brazil’s Ministry of Mines and Energy approved four green energy projects with a combined capacity of 88 MW to enter the national Incentive Regime for Infrastructure Development (REIDI).

The total cost of the projects is estimated at roughly BRL 412.23 million (USD 127.92m/EUR 113.45m). More details are available in the table below.

Name Type Capacity Cost
FCR III Itapuranga Solar 10 MW BRL 60.84 million
Serra da Babilonia VIII
Serra da Babilonia IX Wind 26 MW BRL 117.13 million
Serra da Babilonia X

The FCR III Itapuranga project will be built in Goias state, starting November 29, 2016. Construction works are expected to be complete by October 1, 2017.

The wind schemes have the same construction schedule, starting on March 1, 2017, with completion expected by October 1, 2018.

REIDI, launched in 2007, grants tax incentives to companies investing in infrastructure projects within the transport, energy, sanitation and irrigation sectors.

More Stories From Around the Web: