Wednesday, 30 December 2009

Coming Presidential Election In Brazil And Green Tech Sector Hope For The New Future

Coming Presidential Election In Brazil And Green Tech Sector Hope For The New Future
Language
English

After the recent death of the Brazilian congressman and a member of the Brazilian Socialistic Party Eduardo Campos the political field in Brazil has faced serious changes. Marina Silva, who is a member of a Green Party and who participated in the previous presidential elections, got a good chance to win the coming election race and bring serious changes in the green tech sector.

Marina Silva is a Brazilian environmentalist and an Ex-Environment Minister in the Lulu's government. On the contrary to the current government of Ms. Rousseff, she supports the development of the renewable energy and prioritizes the protection of the Amazon rain forest. Many experts in the renewable energy area are saying that if she wins, the renewable energy might have a more optimistic future in compare with the current forecasts

The changes in the energy matrix in Brazil, which are aimed at increase of the renewable energy share in it, are getting popular not only among public sector but also among private energy consumers. In Brasilia exists a social movement which is pushing the new government to change the energy policy to be more transparent and to use "clean" sources of energy.

Brazilian NGOs (including Greenpeace) have launched a campaign "Energia para vida" which purpose is to attract attention of Brazilian society to the topic of the perspectives of the development of national energy policy and making it more sustainable and environment friendly.

Solarinvest, an event held in Brasilia on the 17th September 2014, was dedicated to the discussion about new possibilities for renewable energy in the light of the coming political changes.

Good news is that the National Bank for Economic and Social Development (BNDES) has set the terms for financial support for the winners of the energy auction scheduled for 31st October 2014, who would use the solar energy. Normally BNDES invests in the products which have more than 60% of the components produced in Brazil. The higher is the amount of manufactured components or processes of solar systems made in Brazil, the higher is the participation of BNDES investments.

There are now more credit lines and investment programs to finance micro and mini generations for the private sector:

* The governmental bank Caixa Economica is offering the "construcard" to finance under the low interest the PV installations;

* Goias state has developed their own credit line with 3% per year interest rate to finance the PV installation in the region.

During the event the representative of the Meyer Burger, global technology group, has announced their plans on the opening of the production line for solar panels in Brazil. This decision was accompanied by the positive changes in the current energy politics and it could turn more profitable in the course of the coming political transformations.
Tags: Brazilelectionsgreen techrenewable energychangessolar power