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: 2878 (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
see see
PPSA
Federal Government receives R$ 917.32 million from Tupi ...
07/04/26
Study
Brazil increases dependence on thermal power, but lack o...
07/04/26
Permanent Offer
Permanent Production Sharing Offer (OPP): ANP publishes ...
07/04/26
Taxation
Infis Consultoria promotes the 4th Oil & Gas Taxation Se...
07/04/26
Green Hydrogen
Study at RCGI maps regions with the greatest potential f...
07/04/26
iBEM26
Goldwind advances in Bahia with factory in Camaçari and ...
27/03/26
iBEM26
Bahia showcases its bioenergy potential and reinforces i...
27/03/26
iBEM26
ESG practices in the renewable energy sector are highlig...
26/03/26
iBEM26
ABPIP highlights the role of independent producers in en...
26/03/26
iBEM26
Jerônimo Rodrigues highlights Bahia’s potential in the e...
26/03/26
Campos Basin
New oil discovery in the pre-salt of the Campos Basin
26/03/26
Royalties
Royalties: amounts related to January production for con...
26/03/26
iBEM26
iBEM 2026 begins in Salvador with debates on energy secu...
25/03/26
iBEM26
iBEM 2026 brings together specialists and discusses the ...
25/03/26
Petrobras
Museum of Petroleum and New Energies will operate in the...
19/03/26
Macaé Energy
Macaé Energy: debates focus on the strategic role of nat...
18/03/26
Macaé Energy
Macaé Energy 2026 strengthens the municipality’s positio...
17/03/26
Macaé Energy
With record-breaking attendance, the Macaé Energy trade ...
17/03/26
Offshore Technology & Subsea Engineering
Trendsetter Vulcan Offshore Customizes Tethered BOP Tech...
17/03/26
Macaé Energy
FIRJAN: Technical Conference is a Highlight of Macaé Ene...
16/03/26
Permanent Offer
Inclusion of 15 New Blocks in Permanent Offer (OPP) Bid ...
14/03/26
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.