WHY INSTALL A PHOTOVOLTAIC POWER GENERATOR KIT INDUSTRY IN BRAZIL AND THE NORTHEAST REGION?

BENEFITS AND ADVANTAGES

TAX INCENTIVES:

FEDERAL:

• Decree No. 11,456, of 03/29/2023 - PADIS exempts components of solar panels from Import Tax, Tax on Industrialized Products (IPI) and PIS-COFINS rates;

• REIDI (Special Regime of Incentives for Infrastructure Development). Projects included in the program have their contributions to PIS/Pasep and Cofins suspended for five years, related to the acquisition, leasing, and importation of goods and services.

STATE:

• PROIND - PROGRAM TO STIMULATE INDUSTRY IN THE STATE OF PERNAMBUCO reduces 90% of the ICMS on the products produced in the establishment; and

DRAWBACK REGIME:

TAX EXEMPTION productionofgoodstobeexported.

FINANCING LINES:

BNB – BANK OF THE NORTHEAST OF BRAZIL

üConstitutional Fund for Financing of the Northeast (FNE)

BNDES – NATIONAL DEVELOPMENT BANK (financing lines with favorable conditions for the national product)

üFINAME; üBNDES Finem – Power generation; üBNDES Card; üBNDES Finem – Environment – Energy Efficiency;

üInovagro; üPronaf Eco; and üClimate Fund Program.

ADVANTAGES:

Preference of the Brazilian product in installation in public buildings, in the program Minha Casa, Minha Vida, among others;

Be the region that concentrates most of the solar projects, including auctions;

Project located next to the Transnordestina Railway, which will connect the ports of Pecém (CE) and Suape (PE), thereby substantially reducing the cost of freight of imported inputs and flow of its production; and

Reduction of dependence on imports (95% of the equipment is imported).