Amount raised by BDMG aims to promote the diversification of the energy matrix in Minas Gerais based on increased investments in solar energy

It was released this Thursday (5th), by Brazilian Photovoltaic Solar Energy Association (Absolar) and by the Development Bank of Minas Gerais (BDMG), that the state of Minas Gerais will obtain credit of R$ 405 million for investments in its solar energy field. The money was collected by BDMG, together with the European Investment Bank, and aims to enable new investments for the territory of Minas Gerais, as well as the generation of more jobs and income for its population.

The resource was also dedicated to encouraging the development of business opportunities for entrepreneurs and increasing the reach of solar energy for consumers, whether intended for residential, commercial, industrial or agricultural use. Companies interested in accessing the funds must undergo a credit analysis carried out by the bank, following technical market parameters.

Interested businessmen can now access credit lines through the BDMG website.

As communicated by the president of the Development Bank of Minas Gerais, Marcelo Bonfim, the capital made available by the institution will ensure a greater insertion of solar energy in the state of Minas Gerais, in addition to guaranteeing the electricity supply of the population.

Bonfim also mentioned that, in 2022, the bank has already invested an average of BRL 80 million in energy efficiency projects and production of clean energy. According to him, the institution will continue to identify ways to diversify the state's energy matrix, boosting regional growth in line with the UN Sustainable Development Goals.

President of Absolar highlights the performance of the state of Minas Gerais in the generation of solar energy

Furthermore, Rodrigo Sauaia, executive president of Absolar, pointed out that the own production of solar energy has already led to Minas Gerais, since 2012, more than R$ 8,8 billion in new investments, which led to the generation of more than 50,6 ,1,8 thousand jobs and enabled the collection of more than R$ XNUMX billion to the public coffers.

Sauaia also added that Minas Gerais, leader in medium and small size solar energy production, is responsible for 16,8% of all installed solar power in the modality, with around 1,7 gigawatts (GW) in operation in residences, businesses, industries, rural properties and public buildings.

According to the president of Absolar, the state of Minas Gerais has 148.717 operational connections, spread over 850 cities, which represents 99,6% of the 853 municipalities in Minas Gerais. Finally, Sauaia added that, nowadays, 198.854 electricity consumers already have a reduction in their electricity bills, greater autonomy and more electrical reliability.

For the state coordinator of Absolar in Minas Gerais, Bruno Catta Preta, the expansion of solar energy in Brazil, through big plants and through its own production in homes, small businesses, rural properties and public buildings, it is essential for the social, economic and environmental development of the country.

Bruno Catta Preta defends the diversification of the Brazilian energy matrix, which is very dependent on water resources

According to Catta Preta, the diversification of the energy matrix from renewable sources also contributes to the variation in the country's electricity supply, in order to reduce the pressure on water resources and the probability of occurrence of red flags in the population's electricity bill .

Finally, the coordinator concluded that Minas Gerais is, today, an important center for the development of solar energy and that photovoltaic technology has an enormous potential for expanding jobs and income, attracting private investment and supporting sustainability and combating climate changes.