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Solcor Solar VI
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https://goparity.com/projects/solcor-solar-vi-548

Solcor Solar VI

Solar energy for self-consumption for a graphic design company.
Investment overview
Impact category
sustainable_energy
Investment type
loan
Yearly interest
6
%
Term
96
months
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https://goparity.com/projects/solcor-solar-vi-548

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Promoter
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Description
Impact
Promoter

What will you be financing?

This campaign aims to finance a electric charger and a photovoltaic self-consumption system for the company Manuel Barbosa & Filhos, Lda.
The installation and operation of the solar panels will be carried out by the campaign promoter: Solcor Portugal, specialising in solar installations.

Manuel Barbosa & Filhos, Lda was founded on 24 November 1978, starting its activity in the Portuguese city of Loures. The company has been committed to building a serious, credible and renowned presence in the world of Graphic Arts. This founding ambition continues to guide its identity and performance, sustaining relationships of trust and a consolidated reputation in the market.

The funds raised through this campaign are intended to finance the installation of a solar system with a capacity of 129,9 kWp and a charger for electric vehicles. This project will enable annual production of approximately 187987,70 kWh, and energy self-sufficiency of 44%. This guarantees a significant reduction in operating costs. 

This is Solcor's twenty-fourth campaign. 14 of the 20 previous campaigns financed solar energy for social organizations: Social Solar Solcor, Social Solar Solcor II, Social Solar Solcor III, Social Solar Solcor IV, Social Solar Solcor V, Social Solar Solcor VI, Solar Casarão, Social Solar Solcor VII, Social Solar Solcor VIII, Social Solar Solcor IX, Social Solar Solcor X, Social Solar Solcor XI, Social Solar Solcor XII, Solar Neutripuro, Social Solar Solcor XIII, and Solar Solcor IV.

What is the impact?

Direct 

  • Contribution to the decarbonisation of Portugal avoiding CO2 emissions: With a total production of clean energy of over 187 MWh per year, the solar plant will avoid the emission of more than 8 tonnes of CO2 per year. This is equivalent to the CO2 absorption of 375 trees.
  • Cost reduction for the end customer: Decentralized energy production through renewable sources, close to the place of consumption, helps to avoid distribution costs, this being the most competitive option. In addition, the company's lower dependence on the national grid makes it less vulnerable to price fluctuations and tax charges.
  • Promoting the modernisation of infrastructure to make it more resilient and sustainable: This loan will enable the company to install an electric vehicle charging station at its premises, fostering the adoption of electric mobility within its operations.

Indirect

  • Promoting sustainable business: The project developed for Manuel Barbosa & Filhos is an example of the applicability of solar power for any business, and in this case serves as a benchmark to similar industries, an important step towards sustainability for businesses in Portugal.

Impact indicators
‍

8271
CO2 avoided per year
187988
clean energy
created by our projects
of sustainable
impacted

Contribution to the Sustainable Development Goals
‍

About the Promoter

About Adega Cooperativa Cantanhede

Direct 

  • Contribution to the decarbonisation of Portugal avoiding CO2 emissions: With a total production of clean energy of over 187 MWh per year, the solar plant will avoid the emission of more than 8 tonnes of CO2 per year. This is equivalent to the CO2 absorption of 375 trees.
  • Cost reduction for the end customer: Decentralized energy production through renewable sources, close to the place of consumption, helps to avoid distribution costs, this being the most competitive option. In addition, the company's lower dependence on the national grid makes it less vulnerable to price fluctuations and tax charges.
  • Promoting the modernisation of infrastructure to make it more resilient and sustainable: This loan will enable the company to install an electric vehicle charging station at its premises, fostering the adoption of electric mobility within its operations.

Indirect

  • Promoting sustainable business: The project developed for Manuel Barbosa & Filhos is an example of the applicability of solar power for any business, and in this case serves as a benchmark to similar industries, an important step towards sustainability for businesses in Portugal.

Promoter website

http://www.solcor.pt

Team
‍

[{"id":71,"promoter_id":280,"name":"Steven V Cauwenberge","description":"Founder of the Solcor Group, currently serving as Chief Executive Officer of the Solcor Group. Master’s degree in Business Engineering – Finance from KU Leuven. Master’s degree in Civil Engineering. Postgraduate studies in Investment Analysis at the London School of Economics.","link":"https://www.linkedin.com/in/steven-van-cauwenberge-93582395/","role":"Chief Executive Officer of the group","member_photo":"https://991934249232-prod-octobercms-public-storage.s3.eu-west-1.amazonaws.com/public/63b/db5/753/63bdb575312fc954774465.jpg","avatar_id":76177},{"id":72,"promoter_id":280,"name":"Vincent Vangeel","description":"Master’s degree in Business Engineering – Supply Chain from KU Leuven. \r\nMaster’s degree in Renewable Energy Engineering from IST in Lisbon and KTH in Stockholm.","link":"https://www.linkedin.com/in/vincent-vangeel/overlay/photo/","role":"Co-founder and CEO","member_photo":"https://991934249232-prod-octobercms-public-storage.s3.eu-west-1.amazonaws.com/public/63b/db5/bfd/63bdb5bfdd386221369571.jpg","avatar_id":76179},{"id":73,"promoter_id":280,"name":"Tommaso Mura","description":"Graduated in Energy Engineering from the Polytechnic University of Turin. \r\nMaster’s degree in Renewable Energy Engineering from IST in Lisbon and KTH in Stockholm.","link":"https://www.linkedin.com/in/tommaso-mura-a7ab65165/?originalSubdomain=pt","role":"Co-founder and COO","member_photo":"https://991934249232-prod-octobercms-public-storage.s3.eu-west-1.amazonaws.com/public/63b/db6/08b/63bdb608ba7c3254533171.jpg","avatar_id":76180}]

Business Model
‍

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Rua Marquês de Fronteira 8

4º Esq

1070-289 Lisboa

Portugal

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GOPARITY (www.goparity.com) is a platform of crowdfunding by loans (crowdlending) managed and owned by Power Parity, SA, a public limited company, with number 514373822, and registered office at Rua Filipe Folque, 2, 1st floor, 1050-110 Lisbon (Portugal), licensed by the regulatory and supervisory body CMVM (Portuguese Securities Market Commission), under Regulation (EU) 2020/1503 (European Crowdfunding Regulation).
The payment services available through the platform are provided by MangoPay SA, a registered electronic money institution based in Luxembourg and supervised by the CSFF (Commission de Surveillance du Secteur Financier), registered with Banco Portugal (the Portuguese regulator) under no. 7830.
Investments in crowdlending carry a risk of a partial or total loss of the funds invested. The return on your investment depends on the project's success developed through the campaign in which you invest. Your investment is not covered by the deposit guarantee schemes established by Directive 2014/49/EU nor by the investor compensation schemes established by Directive 97/9/EU. Please consider all risks before investing and carefully read the Key Investment Information Sheet (KIIS) provided to you before investing.

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