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.

Guest Contributor
We publish stories from blogs or websites with expert opinion or breaking news stories via our Partnership Network or as Contributed Articles. We do our very best to properly reference these stories—so if you notice or think your material has been used inappropriately, please contact us immediately either for proper referencing or to advice on the situation.

    These 7 charts prove the cost of solar energy is falling

    Previous article

    Keeping up with the Liberal Government’s campaign promises on climate change and green power

    Next article

    You may also like


    Comments are closed.

    More in Perspective