Wind Energy

Brazil Eliminates Taxes on Wind Parts to Spur Turbine Production

Brazil’s government approved a provisional measure that eliminates some taxes for wind components

Bloomberg
09/10/2014 15:22
Visualizações: 1669 (0) (0) (0) (0)

Brazil’s government approved a provisional measure that eliminates some taxes for wind components, an effort aimed at boosting demand for turbines produced locally.

 

The measure means manufacturers will no longer need to pay taxes under the Social Integration Program and the Contribution to Social Security Financing to buy components used in wind turbines, according to Brazil’s official gazette today. The two taxes totaled 9.25 percent and the change covers parts made in Brazil or imported from abroad.

 

“This measure is aimed at offering relief to the wind industry, which wasn’t getting the same benefits as other industries,” said Elbia Melo, president of Brazil’s wind power association known as Abeeolica. “Without the benefit, wind turbines would be more expansive and ultimately would mean higher costs for energy consumers.”

 

Wind-power developers will continue to pay the same tax for buying imported turbines.

Most Read Today
see see
Geological Studies
R&D Clause Enables Project to Strengthen Critical Minera...
15/09/25
Fuels
ANP Approves Pilot Project with New Fuel Inspection Equi...
15/09/25
RD&I
Sensor Developed by Unicamp and UnB Advances in Internat...
15/09/25
Event
ABPIP Hosts SMS Oil & Gas Meeting Focused on Leadership,...
15/09/25
International
Petrobras announces participation in exploratory block i...
15/09/25
REVAP
Revap Maintenance Shutdown Involves R$ 1 Billion Investment
15/09/25
Rio Pipeline & Logistics 2025
Tanacas celebrates 25 years with the launch of the Smart...
11/09/25
Rio Pipeline & Logistics 2025
Offshore Projects to Strengthen Energy Security in Brazi...
11/09/25
Rio Pipeline & Logistics 2025
IBP Booth Hosts Inspiring Debate on Women in Midstream a...
11/09/25
Rio Pipeline & Logistics 2025
Rio Pipeline 2025 Exhibition Showcases Innovations in En...
11/09/25
Production
Brazil’s Federal Government Oil and Natural Gas Producti...
11/09/25
Rio Pipeline & Logistics 2025
Brazil and Argentina Close to Agreement on Natural Gas T...
11/09/25
Rio Pipeline & Logistics 2025
ITP Brasil showcases high-performance engineering soluti...
10/09/25
Rio Pipeline & Logistics 2025
Overview of investments in pipeline and logistics infras...
10/09/25
Rio Pipeline & Logistics 2025
Young talents present innovative solutions at the Young ...
10/09/25
Rio Pipeline & Logistics 2025
Ministry of Ports and Airports aims to expand the role o...
10/09/25
Auction
PPSA makes available access to the Hybrid Data Package f...
10/09/25
Rio Pipeline & Logistics 2025
Rio Pipeline & Logistics 2025 Opens with Stronger Integr...
09/09/25
Rio Pipeline & Logistics 2025
At Transpetro, Social Responsibility Initiatives Support...
09/09/25
Rio Pipeline & Logistics 2025
DNV participates in Rio Pipeline & Logistics 2025
09/09/25
Rio Pipeline & Logistics 2025
Construtora Elevação Brings Innovation, Efficiency, and ...
09/09/25
VEJA MAIS
Newsletter TN

Contact us

We use cookies to ensure you have the best experience on our website. If you continue to use this site, we will assume that you agree with our Privacy Policy, terms of use and cookies.

2