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03/12/2018
The Brazilian Northeast Bank, Banco do Nordeste (BNB), announced that individuals can now access its FNE Sol credit line for residential solar energy projects. FNE Sol finances all components for centralised, micro and minigeration systems using solar photovoltaic (PV), wind, biomass or small hydropower sources. This means that residential clients, including condominiums, will be able to finance up to 100% of their investment with BNB, if the value does not exceed BRL 100,000 with a loan repayment term of up to eight years and a grace period of six months.
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