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Home / News / South of the country receives R$182 million for renewable energy projects

South of the country receives R$182 million for renewable energy projects

Investments will be made in CGHs, PCHs, solar photovoltaic and wind plants
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  • Photo by Mateus Badra Mateus Badra
  • December 29, 2020, at 17:00 AM
1 min 8 sec read

BRDE (Banco Regional de Desenvolvimento do Extremo Sul) announced that it contracted R$182 million in renewable energy projects, including CGHs (Hydroelectric Generating Plants), PCHs (Small Hydroelectric Plants) and photovoltaic and wind plants.

In Rio Grande do Sul, Santa Catarina and Paraná, states where BRDE operates, R$241 million had already been contracted this year for investments in the renewable sources sector.

According to the financial institution, in the previous five years, the financing volume totaled R$1,37 billion in energy efficiency programs, in a total of 650 contracts.

Currently, in Paraná alone, there are 18 projects in the contracting phase, totaling more than R$40 million, and 14 under analysis, totaling R$261 million.

Wilson Bley, vice-president and director of Operations at BRDE, highlighted that the bank's work in this area meets the Paraná government's policy of prioritizing the construction and installation of PCHs and CGHs.

“The governor understands that these ventures are efficient models for leveraging the state’s economic recovery post-Covid-19. And the bank contributes to supporting this strategy”, stated Bley,

Financing solar projects

BRDE finances 70% to 80% of plant projects and up to 100% of photovoltaic projects for own consumption. There are several lines of financing. For more information visit the website.

Tokio Marine
Photo by Mateus Badra
Mateus Badra
Journalist graduated from PUC-Campinas. He worked as a producer, reporter and presenter on TV Bandeirantes and Metro Jornal. He has been following the Brazilian electricity sector since 2020.
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