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Federal government to waive taxes on solar panels until 2026

  • March 30, 2023
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The federal government published in the official gazette this Wednesday (29) the decision to zero taxes on solar panels. The exemption is valid until December 31, 2026 and

The federal government published in the official gazette this Wednesday (29) the decision to zero taxes on solar panels. The exemption is valid until December 31, 2026 and no import tax, IPI and Pis/Cofins will be charged.

03/14/2023 at 12:30
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Floating solar panels could provide a third of electricity…

Floating panels can also reduce water evaporation, preventing overheating.

The exemption will apply to companies that are part of Padis (Semiconductor Technological Development Support Program) and the measure is expected to encourage investment in green infrastructure and new solar power plants.

According to the Department of Development, Industry, Trade and Services (MDIC), expanding the program to the solar panel industry, one of the most dynamic to date, should lead to a significant increase in investment in the coming years, in addition to generating quality jobs in different states of the country. .

Development of Brazil’s energy potential

The measure is seen as an important step forward for solar energy production in the country and should encourage further adoption of the technology by companies and consumers. In addition, tax cuts will make solar panels more affordable, which will help spread solar power across the country.

The program contributes to the technological development of the country and the strengthening of the national industry. It considers not only semiconductors, but also photovoltaic cells with incentives for solar energy production. This is another movement to stimulate investment, national production, income generation and quality employment.” said Vice President of the Republic and Minister of Development, Industry, Trade and Services Geraldo Alkmin. MDIC is leading this agenda in the government, which also includes the Ministries of Science, Technology and Innovation (MCTI), Finance and Planning. .

Brazil has a huge potential for solar energy production, and the tax exemption is an important incentive for the development of the industry and the expansion of the national energy matrix.

With this measure, the federal government demonstrates its commitment to sustainable development and the development of clean and renewable energy sources, while also benefiting the Brazilian economy and society.

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