Paraíba will have a credit program for solar energy for companies

Initiative provides that micro and small companies can take out loans worth between R$ 15 thousand and R$ 150 thousand
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Paraíba terá programa de crédito para energia solar em empresas
Solar energy helps companies reduce costs and grow in the market. Photo: Elysia Solar

O Government of Paraíba announced the creation of a credit program focused on acquiringsolar energy systems for micro and small businesses of State. 

Called Undertake Solar, The initiative aims to release about R$ 4.5 million so that these companies can carry out loans worth between R$ 15 thousand and R$ 150 thousand, aiming to purchase distributed generation photovoltaic kits. 

The program was announced, this Monday (12), by governor João Azevedo, during Conversa com o Governador, a program maintained and broadcast by the Government of Paraíba itself.

Despite the announcement, the chief executive did not give any more details about the initiative, much less talk about when the program should start operating.

Solar energy in Paraíba

Currently, the Paraíba it's just the 19th Brazilian state with greater volume of photovoltaic systems installed own generation, according to data from ANEEL (National Electric Energy Agency). 

The town today has just over 24.2 thousand registered connections, only ahead of the numbers recorded by Alagoas, Rondônia, Distrito Federal Sergipe, Amazonas, Acre, Amapá and Roraima, all of which have less than 20 thousand distributed generation systems. 

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In terms of installed power, the state has just over 300 MW recorded by the Agency in the segment. This is a much lower volume when compared to regions such as São Paulo; Minas Gerais; Rio Grande do Sul and Paraná, which lead the national statistics with more than 2 GW each.     

Picture of Henrique Hein
Henry Hein
He worked at Correio Popular and Rádio Trianon. He has experience in podcast production, radio programs, interviews and reporting. Has been following the solar sector since 2020.

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