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Brazil's Rio Grande do Sul to launch biomethane incentives programme

Biomethane plants in UK. Source: CNG Services (http://www.cngservices.co.uk).

April 15 (SeeNews) - Brazil's Rio Grande do Sul state government announced on Thursday it intends to launch a biomethane incentives programme during the first half of 2016.

The goal of the programme is to meet demand in regions that are not currently served by the Brazil-Bolivia natural gas pipeline. Also, it will diversify the state energy mix and provide an extra source of income for the agribusiness, the government said.

The programme envisages setting up special credit lines for projects of this type with Brazil's Far South Regional Development Bank (BRDE) and development agency Badesul, as well as the creation of public-private partnerships to develop the biomethane chain.

The project has already been approved by the state Committee on Constitution and Justice (CCJ) of the Legislative Assembly and is now waiting to go to the vote in the plenary.

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Browse all articles from Lucas Morais

Lucas is based in Brazil. He joined Renewables Now to expand coverage of the Ibero-American market, a highly attractive destination for green energy investment.

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