Open Projects
Microsolar Farm III
Share article

https://goparity.com/projects/microsolar-farm-iii-311

Microsolar Farm III

A microgeneration solar farm
Investment overview
Impact category
sustainable_energy
Investment type
loan
Yearly interest
7
%
Term
48
months
Risk level
The Risk Rating is the result of our credit risk assessment, which looks at the promoter’s financial strength and the project’s viability. It’s shown from A+ (lowest risk) to D (highest risk) and helps you compare projects and make informed decisions.
A
D
Invest now
Join 1065 investors making an impact
Share article

https://goparity.com/projects/microsolar-farm-iii-311

Description
Impact
Financial viability

Ready to explore this investment opportunity?

Create an account or log in to view the full project details and invest.

Get started

Already have an account?

Log in
Promoter

What will you be financing?

Recap is a renewable energy developer that provides flexible, customized, and fully financed clean energy solutions to Commercial and Industrial clients (C&I). 

This is Recap's fifth Goparity campaign to finance their projects in Brazil. The promotor first raised 70.000€ in the two previous campaigns (Recap Brazil I and II) to refinance photovoltaic systems in a shopping mall. More recently Recap has raised: 
  • 72.000€ through Microsolar Farm I, to finance the promotor's first ever micro solar plant, which is already in operation.
  • 175.000€ Microsolar Farm II to finance the second and third microgeneration solar plants, currently under development, expected to be in function at the end of November. 
Besides the Brazilian campaigns, Recap has promoted several successful campaigns for their projects in Colombia.

The goal of this campaign is to refinance fourth and fifth microgeneration solar plants, to be installed in small properties in the municipalities of Catuti and Mato Verde, both in Minas Gerais.

These are 75 kW plants. The region has one of the best solar irradiation levels in the country and offers tax benefits for distributed energy. Besides the favourable irradiation and fiscal conditions, there are no considerable deforestation or arable land impacts, as the region is dry, devoid of vegetation, and not explored for agriculture.


Recap expects to develop several microgeneration solar projects in the upcoming months.

The plants will be built on small properties - farms - whose owners will benefit from leasing the land and from receiving a service fee for cleaning and surveilling the plant. The energy will be directed to an energy trader whose end clients are small businesses.

About microgeneration:

  • Solar PV plants with a capacity of <75 kW are classified as microgeneration according to Brazilian regulations for distributed generation. 
  • Due to their size, microgeneration plants require simple permitting procedures, don't impact the grid and are easy to connect, are modular, and are easily scalable.

Such projects are granted with benefits when opposed to larger projects:

  • Easy grid access and connection. The grid operator has obligation to grant access to the grid within 30 days.
  • No power capacity charges.
  • No requirements for an environmental license.
  • Fast deployment. A unit can be built in only 30 days.
  • Technical simplicity. No substation required
  • Flexibility to build up plants in small urban and rural areas as each unit requires a maximum surface area of 2000m².
  • Brazilian regulation RN 482/12 for distributed energy (grid-connected, < 5MWac) allows full offsetting of energy credits from distributed renewable generation through a credit system.

It is important to note that the regulation is changing. The government published, in January 2022, Law 14.300 introducing new rules. However, projects that request grid access within 12 months of the enactment of the law will not be taxed under the new rules until 2045. This creates a window of opportunity for developing projects that will still gain full value for the credits generated. A progressive grid fee will go into effect from 2023, through the charging of T&D components. Although the profitability of distributed solar projects is expected to remain high, it will decrease in comparison to projects developed under the current regulation.

What is the impact?

Direct impact:

  • Contribution to the decarbonization in Brazil by avoiding CO2 emissions: The whole operation is estimated to produce 163 MWh of clean and renewable energy per year, avoiding the emission of almost 65.2 tonnes of CO2 equivalent annually, equivalent to planting around 2964 trees.
  • Cost reduction for the final clients: energy production through renewable sources under the Brazilian distributed energy regulation avoids transmission and distribution costs, making this a more cost-efficient option than the regular energy market. Furthermore, with a fixed discount on the retail price, the end client will always pay less than retail prices. Recap estimates an average reduction of 15% in the cost of the kWh for the clients of these projects.

Indirect Impact

  • Promotion of distributed energy in Brazil: with its Solar Funds, Recap enables smaller organizations of different sectors to benefit from renewable energy sources. With the micro-scale generation plants, the solution is easily scalable and allows end clients with no roof area to have similar benefits as they would with rooftop solar systems.
  • Generation of income through micro solar plants: the solar panels are installed on leased land, which provides extra income for the small landowners (farm or fazenda owners) in Brazil’s countryside.
  • Support local companies: Recap partners with Brazilian EPC companies and energy traders for the development of this project, strengthening the distributed energy sector in the country.

Impact indicators

65200
CO2 avoided per year
163000
clean energy
created by our projects
of sustainable
impacted

Contribution to the Sustainable Development Goals

About the Promoter

About Adega Cooperativa Cantanhede

Direct impact:

  • Contribution to the decarbonization in Brazil by avoiding CO2 emissions: The whole operation is estimated to produce 163 MWh of clean and renewable energy per year, avoiding the emission of almost 65.2 tonnes of CO2 equivalent annually, equivalent to planting around 2964 trees.
  • Cost reduction for the final clients: energy production through renewable sources under the Brazilian distributed energy regulation avoids transmission and distribution costs, making this a more cost-efficient option than the regular energy market. Furthermore, with a fixed discount on the retail price, the end client will always pay less than retail prices. Recap estimates an average reduction of 15% in the cost of the kWh for the clients of these projects.

Indirect Impact

  • Promotion of distributed energy in Brazil: with its Solar Funds, Recap enables smaller organizations of different sectors to benefit from renewable energy sources. With the micro-scale generation plants, the solution is easily scalable and allows end clients with no roof area to have similar benefits as they would with rooftop solar systems.
  • Generation of income through micro solar plants: the solar panels are installed on leased land, which provides extra income for the small landowners (farm or fazenda owners) in Brazil’s countryside.
  • Support local companies: Recap partners with Brazilian EPC companies and energy traders for the development of this project, strengthening the distributed energy sector in the country.

Promoter website

https://www.recapenergy.com/

Team

[{"id":38,"promoter_id":174,"name":"Felipe Borschiver","description":"Felipe Borschiver is Recap's Country Manager for Brazil, based in Rio de Janeiro, where he manages the development of Recap's national energy portfolio. His experience lies in structured finance, distributed energy, and land-use projects.\r\n\r\nBefore joining Recap, Felipe worked for IP Capital Partners and founded/managed Archipelago Partners, both asset management companies focused on long-term equity investments in Brazil. He has extensive experience in financial analysis and assessment of governance and incentive frameworks and structuring financial products. Felipe holds an Economics degree from the University of Rio de Janeiro and a master in Sustainable Finance from the COPPEAD School of Management (UFRJ).","link":"https://www.linkedin.com/in/felipe-borschiver-9664b97/","role":"Country Manager Brazil","member_photo":"https://991934249232-prod-octobercms-public-storage.s3.eu-west-1.amazonaws.com/public/636/3be/2d8/6363be2d81343123215625.jpg","avatar_id":69549},{"id":39,"promoter_id":174,"name":"Marco Berggren","description":"More than 17 years of experience implementing and financing clean energy projects globally. Responsible for market strategy execution, partnerships and product development.","link":"https://www.linkedin.com/in/marco-berggren-1797784/","role":"Founder & CEO","member_photo":"https://991934249232-prod-octobercms-public-storage.s3.eu-west-1.amazonaws.com/public/636/3be/f6f/6363bef6f2d34142539431.jpg","avatar_id":69551},{"id":40,"promoter_id":174,"name":"Eduardo Rechden","description":"Eduardo holds a Master in Environmental Management and Policy, from Lunds Universitet and a Master in Environmental Management, from Universidad de Sevilla. He is specialized in Solar and renewable energy, CSR and Stakeholder assessments, waste management and urban environmental management.","link":"https://www.linkedin.com/in/eduardo-rechden/","role":"COO","member_photo":"https://991934249232-prod-octobercms-public-storage.s3.eu-west-1.amazonaws.com/public/636/3c0/8ae/6363c08ae7cd9388721147.jpg","avatar_id":69552}]

Business Model

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Suspendisse varius enim in eros elementum tristique. Duis cursus, mi quis viverra ornare, eros dolor interdum nulla, ut commodo diam libero vitae erat. Aenean faucibus nibh et justo cursus id rutrum lorem imperdiet. Nunc ut sem vitae risus tristique posuere.

Sign up to access the full details

Open account
Already have an account? Sign in
Project progress

0%

New opportunity. Be among the first to invest.
of full round

17500000

minimum

17500000

target

17500000

maximum

Closed

Discover other open projects you may like

See all projects

Great investments from people just like you

Goparity allowed me to dive into the investment world in a responsible and conscious way. With an incredible support team, I invested in project with meaning and impact!

Smiling woman with curly hair wearing a light pink top against a plain background.

Natacha Lemos Van Doorn

Investor since 2019

Five vertical yellow bars of different heights arranged in a wave-like pattern on black background.

It’s great to be part of Goparity’s family! Costumer Support treats me like I’m one of them, plus its business model allows me to support sustainable and eco-friendly projects. What more cloud I ask for? :)

Close-up of smiling person wearing sunglasses and a blue cap outdoors in sunlight.

Catarina Sousa

Investor since 2023

Icon of three stacked blue-grey square layers with rounded corners and white borders.

Economic development and ecological preservation shouldn’t have their back turned on each other, we should face the future with the opposite perspective if we want a future at all! Goparity allows that.

Smiling young man with short dark hair and beard wearing a grey checked shirt against a light background.

Pedro Pereira da Silva

Investor since 2019

A good option for those who like to invest in crowdfunding. Moreover knowingly it supports a more eco-friendly Portugal.

Smiling person wearing glasses and scarf standing inside a store with colorful shoes on shelves.

Tiago Almeida

Investor since 2020

Five vertical bars of varying heights arranged to form a symmetrical wave pattern.

Goparity has great Customer Support and makes me want to be friends with all the people behind the scenes who are so focused on creating a positive impact in the world.

Close-up portrait of a woman with light hair wearing a white knitted hat smiling gently.

Susanne Haefeli-Hestvik

Investor since 2017

Icon of three stacked green layers representing a stack or layers concept.

Joining Goparity was very simple and fast. One can see that there is a good team behind the scenes!

Black and white portrait of a man with curly hair and a mustache, arms crossed, wearing a dark shirt.

Hugo Ferreira

Investor since 2020

Auto-invest

Set your strategy once, grow it every month

Turn occasional investments into a disciplined, diversified strategy. Set your preferences, and Auto-Investment will match opportunities automatically — so your money work while life gets busy.

Investment strategy app screen with risk rating, auto investment info, and photos of solar panels and a boat crane.

Need financing?

Get an instant simulation and
receive an offer within 48 hours.

7.72% Portfolio IRR with stack icon, 60,000 Goparity users with user icon, large G logo on yellow background.

Download the app

Track projects, manage investments, and follow your returns.

Smartphone screen showing investing app with project progress and people impacted stats.