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The aim of this campaign is to finance two photovoltaic plants for self-consumption in two Social Solidarity Institutions: Centro Social de Margem, in Gavião, a small town in Alento, Portugal, and Centro de Dia e Lar de Nossa Senhora da Graça de Degolados, in Campo Maior, a small town in the same region.
The two solar power plants will have a total power of 34,9kWp installed which will produce 49,2 MWh of clean energy per year.
The installation and operation of the solar panels will be carried out by Pleno Energia, a Portuguese energy commercialization and energy services company which will also be the project’s promoter and owner of the solar panels, as well as the energy producer and trader.
A PPA (Power Purchase Agreement) has been signed between the promoter and the two institutions. A PPA is a long-term agreement (in this case, 12 years) with a fixed price, for the purchase and sale of clean energy established between a renewable energy producer (in this case Pleno Energia) and the entity that consumes electricity (in this case, the institutions). The two institutions will therefore reduce their consumption energy from the national electricity grid and will start consuming energy from the panels to be installed.
In turn, Pleno Energia will sell the energy at a 20% discount for a period of 12 years after the installation of the panels. After this period, the panels will become the property of the institutions.
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Promoter website
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