Brazil removes import tasks for cells, modules, inverters as well as trackers

Jul 22, 2020 05:00 PM ET
  • The Brazilian government has actually u-turned over solar equipment import obligation by introducing an action to get rid of the 12% levy for 101 kinds of module plus some inverters and also trackers. Head Of State Jair Bolsonaro had vetoed a similar proposition by the Senate as well as House of Representatives in November, specifying it would be also pricey.
Brazil removes import tasks for cells, modules, inverters as well as trackers

Brazil's Resolution No. 70, of July 16-- released on Monday in main journal Diário Oficial da União-- will certainly eliminate import responsibilities for items consisting of numerous types of PV module, inverter as well as solar tracker.

The measure, taken by the Foreign Chamber of Commerce of the Ministry of Economy, provided 101 types of excluded solar module in addition to some three-phase inverters and trackers.

The regulation will certainly enter into impact on August 1. Although there is no regional content demand for either huge solar jobs allocated in auctions or dispersed generation systems with a capability of as much as 5 MW, making use of 'Made in Brazil' modules in PV plants opens accessibility to finance from national growth bank BNDES and also other government bodies.

Chinese module manufacturer Amerisolar announced in late April it was preparing to open a 200 MW module factory in Brazil by means of a joint venture with domestic renewables business Nova Renováveis. Chinese-Canadian panel manufacturer Canadian Solar operates a 360 MW module assembly fab in Sorocaba, in the state of Sao Paulo, as well as Chinese group BYD additionally has a module factory in the state.

The majority of PV tools imported by Brazil pays a 12% responsibility presently.

In November, Brazilian President Jair Bolsonaro banned a costs authorized by the country's Senate and House of Representatives which spared solar devices from the import tax on the basis, according to the government's official bulletin, the step would certainly have minimized state revenue.

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