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Social Solar Solcor XII
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Social Solar Solcor XII

Solar energy for self-consumption for a football club.
Investment overview
Impact category
sustainable_energy
Investment type
loan
Yearly interest
6
%
Term
96
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.
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Promoter

What will you be financing?

This campaign aims to finance a photovoltaic plant for self-consumption for Futebol Clube de Alverca

Futebol Clube de Alverca, a Portuguese football club based in Alverca do Ribatejo, Vila Franca de Xira, currently playing in the Portuguese 3rd Division. The club is a public institution founded in 1939 and located in Lisbon. In search of a more sustainable game, FC Alverca installed solar panels, with a 29.7 kWp output, on its pavilion. This initiative was financed by the campaign Social Solar Solcor XI.

Alverca continues to step up its environmental commitment, now with a 159 kWp solar installation on the roof of its pavilion. Since a major reorganisation in 2016, which included the construction of a second rink dedicated to training, as well as the renovation of equipment and the lighting system, the club has been implementing continuous improvements. This new energy initiative reinforces the sustainability of the sports center which, over the years, has hosted various sports such as roller hockey, tennis, cycling, and swimming. Today, it stands out as a training center for boccia, acrobatic gymnastics, roller hockey, karate, kenpo, krav maga, and figure skating. The solar installation, is expected to produce an estimated annual 237 MWh, achieving 37% self-sufficiency and generating a significant 48% reduction in costs.

The use of solar energy will not only benefit the club but will serve as an example to the sports community and society that it is possible to reconcile sport with sustainable energy. 

The installation and operation of the solar panels will be installed and operated by the campaign promotor: Solcor Portugal, a company specializing in the development and operation of solar photovoltaic installations. 

This campaign offers a longer-than-average loan term for Goparity standards. This means you will receive your capital back and gain interest over a more extended period of time. The rental agreement associated with the self-consumption photovoltaic installation foresees a low monthly payment by the beneficiary, who enjoys savings without initial financial investment to purchase the solar panels. Therefore, since the supply company’s payback period is longer, the payment plan is also extended (8-15 years). In this project, the beneficiary is a local sports club and organization, and the supplying company is Solcor. Additionally, Solcor ensures the solar plant's operation throughout this period, allowing the club to focus on its community. Payments will be guaranteed in part by Solcor, a financially solid enterprise, and by the beneficiary. A solar panel can be used for about 30 years, making it a safe, profitable investment with relevant environmental impact. Impact investing in this type of project is a commitment to cleaner, safer, decentralized, and democratic energy systems.

What is the impact?

Direct 

  • Contribution to the decarbonisation, avoiding CO2 emissions: With a total production of clean energy of over 237 MWh per year, the solar plant will avoid the emission of over 32 tonnes of CO2 per year. This is equivalent to the CO2 absorption of 1481 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.

Indirect 

  • Improvement of the organization's core services: the cost reduction in electricity expenses enables the associations to improve their services for the community.

Impact indicators

32579
CO2 avoided per year
237800
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, avoiding CO2 emissions: With a total production of clean energy of over 237 MWh per year, the solar plant will avoid the emission of over 32 tonnes of CO2 per year. This is equivalent to the CO2 absorption of 1481 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.

Indirect 

  • Improvement of the organization's core services: the cost reduction in electricity expenses enables the associations to improve their services for the community.

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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