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Solar Solcor III
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Solar Solcor III

Self-consumption solar energy plant for an agricultural company.
Investment overview
Impact category
sustainable_energy
Investment type
loan
Yearly interest
6
%
Term
96
months
Risk level
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What will you be financing?

Solcor Portugal is a company that specialises in the development of solar installations.

This is the second campaign by the promoter Solcor Portugal to finance the energy transition of the agricultural company António Evaristo Gonçalves. In the first campaign (Solar Evaristo Gonçalves), they raised €160.000 to finance two photovoltaic plants for self-consumption.

Located in the Lezíria region of Ribatejo (Portugal), the agricultural company António Evaristo Gonçalves focuses on vegetable production. With more than 16 years of activity, the company's land is home to vineyards that contribute to the region's wines and tomato plantations for processing into pulp.

The funds from this campaign will enable the installation of a third solar plant with 55.20 kWp, expected to produce 93.66 MWh annually, reducing energy costs and enhancing self-sufficiency.

António Evaristo Gonçalves focuses on product quality and efficient production and is committed to energy transitions and decarbonizing their activity by using solar energy.

This is Solcor's nineteenth campaign. 13 of the 18 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, and Social Solar Solcor XIII.

What is the impact?

Direct

  • Contribution to the decarbonisation of Portugal, avoiding CO2 emissions: With a total production of clean energy of over 93 MWh per year, the solar plant will avoid the emission of about 8 tonnes of CO2 per year. This is equivalent to the CO2 absorption of 366 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

  • Promoting sustainable business: the project developed for António Evaristo Gonçalves 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
‍

8055
CO2 avoided per year
93660
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 93 MWh per year, the solar plant will avoid the emission of about 8 tonnes of CO2 per year. This is equivalent to the CO2 absorption of 366 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

  • Promoting sustainable business: the project developed for António Evaristo Gonçalves 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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A good option for those who like to invest in crowdfunding. Moreover knowingly it supports a more eco-friendly Portugal.
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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).
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