To the sustainable credit lines offered by Develop SP, development agency of the state of São Paulo, city halls and entrepreneurs must present significant drop.
The impact is due to exemption from tax collection in IPI (Import of Industrialized Products) It is PIS (Social Integration Program)/Cofins (Contribution to the Financing of Social Security), valid until December 2026.
“Micro, small and medium-sized entrepreneurs interested in investing in clean technologies can acquire financing through the Green Economy Line (LEV). The interest rate starts at 0.17% per month plus Selic, has a term of up to 120 months and a grace period of up to 36 months”, informs Desenvolvimento SP.
Since 2009, the LEV has already made disbursements of R$ 557.4 million. In 2022, R$ 20.9 million was allocated to projects such as the Roseira photovoltaic plant, located in Vale do Paraíba (SP) – the first floating installation in South America to use a lake originating from an exhausted mining pit.
Public sector
With the aim of meeting the Public sector, Desenvolvimento SP offers the Sustainable Municipalities Line, previously called Green Economy Line Municipalities.
Between 2019 and 2022, the line generated disbursements of R$ 27 million; since 2009, this value is R$ 39 million. The interest rate starts at 0.25% per month plus Selic, with a term of up to 120 months and a grace period of up to 12 months.
Last year, the value of credit release of the agency reached R$ 11.2 million, of which approximately R$ 1.98 million enabled the implementation of the Mira Estrela Municipal Photovoltaic Plant, in the north of the state.
The project, 100% financed through Economía Verde Municípios, meets the energy demand of all public buildings in the city of 3 thousand inhabitants, has 488 kWp of power and the monthly energy generation capacity is 71.5 MWh.
2 Responses
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It's always good news when we read good interest rates to help the dissemination and consolidation of renewable energy, especially those focused on solar energy, which is the fastest growing renewable energy in our country. I am an engineer and teacher, with long experience, now focused exclusively on energy efficiency projects, photovoltaic systems and electric car charging stations, the automobiles of the very near future. For those who are interested, I am a partner of two companies dedicated to this type of enterprise that fully meets the ESG agenda covering environmental sustainability, social demands and corporate governance. We are located in Rio d Janeiro and operate mainly in Barra da Tujica and adjacent neighborhoods in areas of shopping malls, medium-large condominiums, gas stations, schools and the like. For contact: Cell phone and WhatsApp: (21) 997716277