EN 
PT_BR 
“Currently, the solar energy market fundamentally depends on financing lines. It’s a trend.” This is the analysis of Joaquim Fernandes, commercial director at Aldo Solar.
According to him, more and more financial institutions are offering lines of credit aimed at sustainability. “There are few customers who are able to pay the money up front. There is usually a bank behind the operation.”
As is the case with Santander Brasil, which raised R$ 780 million to finance solar projects. The resources will be directed to credit for the purchase of photovoltaic systems by individuals and SMEs (small and medium-sized companies).
The contribution was obtained through the IFC (International Finance Corporation), which joined the bank to support the renewable financing program. “Our investment in Santander will promote sustainability and improve the availability of climate finance in the country,” said Carlos Leiria Pinto, general manager of IFC in Brazil.
“The impact will be both in terms of economic benefit and the irreversible trend of searching for clean energy, mitigating the impact on the environment”, said André Novaes, director of Santander Financiamentos. In the view of the Aldo executive, the photovoltaic sector is in need of financing. “So, when we see a contribution from abroad, in an institution like Santander, we see it positively.”
According to Fernandes, it is possible to see other banks expanding credit lines, such as Banco do Brasil, BV and Solfácil. “There are also Sicredi and Sicoob, more regional, and BNDES, in the line destined for planting, with a lot of commitment to photovoltaic”.
In the case of Aldo Solar, for example, the expert said that today 40% of solar projects are financed. “In relation to the other 60%, it is not possible to say, but the estimate is that these resources will also be financed by other institutions”.
One Response
It's great to have several banks or finance companies operating in this segment, but it's very sad to know that the analyzes of these credits are VERY bureaucratic, they want to include a LOT of services to be approved, thus making the effective financing rate very high, making the customer give up on the investment.