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Solar Energy Financing Will Have Less Bureaucracy Thanks to the Northeast Bank and Its New Financing Parameters
On the morning of this week (10), the Northeast Bank (BNB) reduced the bureaucratic process for financing solar energy nationwide. The project launched in 2018, specifically in December for individuals, not only contributes to environmental sustainability regarding renewable energy, but also provides an opportunity for even low-income individuals to gain access to clean energy.
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In 2019, the Northeast Bank, through FNE Sol, secured a contract of approximately R$ 86.3 million, which corresponds to more than 2,800 operations nationwide so that individuals can gain access to solar energy.
Funding
Thus, financing will be provided for all components of micro and mini photovoltaic or wind energy generation systems, as well as their installation. In other words, photovoltaic panels and inverters up to 10kW with Inmetro certifications, or even international certification, will be financeable thanks to this project.
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Financing Term
Regarding the new terms established for FNE Sol financing, minimum terms of up to 8 years are set, with a maximum grace period of up to 6 months for those who wish to enjoy clean energy.
The maximum loan amount is up to R$ 100,000. The user benefiting from solar energy in their residence or company applied for financing will pay a fee limited to the value of their energy bill for a period of up to 5 years. All other financed equipment has a durability period of up to 24 years. In other words, you enjoy renewable energy without worrying about the lifespan of the equipment.
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