Energy communities V

The funds raised through this campaign will be used to finance the installation of a renewable energy community located in Penacova, in the municipality of Coimbra. 

A total of 37,8 kW will be installed. The plant will produce around 51,75 MWh of clean energy per year. The plant will be located at the Santa Casa da Misericordia de Penacova, a local catholic charity organization, coordinates 40.378454228945714, -8.277705327625544. This community will be part of the project “100 Villages”.

“100 Aldeias” is a Portuguese project led by Cleanwatts (the promoter of this campaign and a pioneer in this type of project) and by the companies "About the Energy", in partnership with BEWG and Jeune. Their mission of this project is to fight energy poverty by creating renewable energy communities that produce their own green, clean, and decarbonized electricity, and promoting good energy practices among these same communities.

Adhering members will be able to buy electricity produced at the plant at a price around 25% lower than the price of the national grid during sunny hours. Participants will not be required to make any investment or change their contracts with their current energy supplier. Instead, they will only consume part of the energy generated from a local, green, and sustainable source. This will accelerate the process of decarbonizing these villages.

The participating members of the energy community will benefit from the referred reduced rate for a period of 20 years, with no need to make investments, nor charges or responsibilities with the operation, maintenance, or installation. Cleanwatts will be responsible for the technical management of operation, maintenance, and installation.