to-the-point Brazil clears 72 MW of renewables for incentives regime
Nov 13, 2015 17:31 CET
November 13 – Brazil’s Ministry of Mines and Energy approved three renewable projects with 72 MW of combined capacity to enter the national Incentive Regime for Infrastructure Development (REIDI).
The projects will cost some BRL 336 million (USD 88.5m/EUR 82.1m) in total. All the plants are located in the state of Bahia.
More details are available in the table below.
| Project (type) | Capacity | Cost in BRL | Operation date |
| Laranjeiras IX (wind) | 24 MW | 109.6 million | January 1, 2019 |
| Pau Santo (wind) | 18 MW | 65.6 million | October 1, 2017 |
| Caetite 2 (solar) | 30 MW | 161 million | October 1, 2017 |
REIDI, launched in 2007, grants tax incentives to companies investing in infrastructure projects within the transport, energy, sanitation and irrigation sectors.
(BRL 1 = USD 0.264/EUR 0.245)
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