Intelbrás includes solar module in Finame with an eye on the rural market

Intelbrás included one of its photovoltaic modules in the Finame code (Financing Fund for the Acquisition of Machinery and Equipment) and with this it hopes to attract customers who wish to finance solar energy systems through credit lines made available by banks such as BNDES and Banco Do Brasil, which have lower rates and longer payment terms term.

The Finame code is granted to equipment and machines that have a higher percentage of national content in their manufacturing process.

Currently, BNDES lines such as Pronanf, Pronamp and Renovagro have interest rates between 4 and 10% per year. The payment period is long, up to 10 years, with a grace period of between 2 and 3 years. These lines are especially attractive for rural consumers who intend to invest in solar energy.

Na 19th edition of the Magazine Canal Solar, we produced a special report on business opportunities for integrators in the rural sector.

In the last 12 months, the number of systems installed in the field has doubled, consolidating the segment as the third largest distributed generation market in the country, behind only residential and commercial.

For comparison purposes, during this period the number of plants in the residential segment grew 55,1% and in the commercial segment, 45,9%. Since 2012, the rural segment has invested around R$16,6 billion in its own generation of electricity, half of which occurred in the last 12 months ending in September, according to the ABSOLAR (Brazilian Photovoltaic Solar Energy Association).

In June, the government launched the Crop Plan 2023/2024, which allocated R$441 billion to finance various agribusiness activities, including investment in solar energy.

According to Intelbras, the Half Cell 550 W monocrystalline photovoltaic module has 21,3% efficiency, a ten-year product warranty and a 25-year efficiency guarantee, in addition to offering technical assistance throughout Brazil.