The renewable energy sector gained new momentum in Brazil. The Federal Government published, in an extra edition of the DOU (Official Gazette of the Union) last Friday (5), the Decree 10.387 which provides incentives for financing infrastructure projects with environmental and social benefits.
The measures, called “green debentures”, create more favorable conditions for obtaining financing for the construction of photovoltaic plants and plants powered by urban solid waste, as well as wind generating plants and small hydroelectric plants.
According to the MME (Ministry of Mines and Energy), this means that, in the next ten years, more than 8 thousand MW in new solar plants, more than 25 thousand MW in new wind generating plants and more than 3 thousand MW in new small hydroelectric power plant projects.
“These projects, in addition to contributing to the maintenance of our electrical matrix environmentally clean (currently 83%) and ensuring its sustainability, will attract investments of more than R$170 billion by 2029, generating thousands of jobs. Investments that will promote development and quality of life in all regions where these projects will be installed, benefiting all Brazilians”, said the MME.
Furthermore, the measures will make plants that generate energy from waste viable, making it possible to reduce soil and water contamination caused by the more than 2.500 “dumps” still active in Brazil. “It is estimated that the energy use of urban solid waste could, in the same way as other renewable sources, bring investments of around R$5 billion”, concluded the MME.
