Brazil: Rio government allocates more than US$17 million to promote solar projects

The money will be managed in a fund set up by AgeRio and will not only benefit rural producers, schools, hospitals, and private homes but can also be used for the program to revitalize industrial areas that the government will soon launch.

RIO DE JANEIRO, BRAZIL - In addition to benefiting rural generators, schools, hospitals, and private homes, it can also be used as part of the government's soon-to-be-launched industrial condominium revitalization program.

The government of the Brazilian state of Rio will provide R$80 million (US$17.2 million) to subsidize solar energy projects and boost investment in the sector.

The money will be managed in a fund set up by AgeRio and will not only benefit rural producers, schools, hospitals, and private homes but can also be used for the program to revitalize industrial areas that the . . .

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