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Solcor Solar XIX
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Solcor Solar XIX

Solar energy for self-consumption for an educational institution
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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https://goparity.com/projects/solcor-solar-xix-628

Description
Impact
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Promoter

What will you be financing?

This campaign aims to finance a photovoltaic self-consumption system for the Portuguese Province of the Institute of the Sisters of Saint Dorothy, a long‑standing educational and social institution in Portugal.

The installation and operation of the solar panels will be carried out by the campaign promoter: Solcor Portugal, specialising in solar installations.

The Portuguese Province of the Institute of the Sisters of Saint Dorothy is a religious institution founded in 1940. Part of the Dorothean Sisters’ Catholic congregation, it focuses on education and social development, especially for young people and vulnerable groups. The organization manages several schools and educational centres, as well as community and social initiatives aligned with human dignity and ethical values. Its activities extend across Portugal through coordinated programs and institutional structures.

The funds raised through this campaign are intended to finance the installation of a 103,32 kWp solar photovoltaic system for self-consumption, composed of 168 panels, two inverters, and a support structure. This project will enable approximately 130 MWh of clean energy production annually and 43% energy self-sufficiency. This guarantees a reduction of 50% in electricity costs. 

This is Solcor's twenty-eight campaign. 18 of the 27 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, Social Solar Solcor VII, Social Solar Solcor VIII, Social Solar Solcor IX, Social Solar Solcor X, Social Solar Solcor XI, Social Solar Solcor XII, Social Solar Solcor XIII, Social Solar Solcor XIV, Social Solar Solcor XV, Social Solar Solcor XVI, Social Solar Solcor XVII, and Social Solar Solcor XVIII.

What is the impact?

Direct  

Contribution to the decarbonisation of Portugal avoiding CO2 emissions: With a total production of clean energy of over 130.6 MWh per year, the solar plant will avoid the emission of about 5.75 tonnes of CO2 per year. This is equivalent to the CO2 absorption of 261 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 association to improve their services for the community. 

Impact indicators

5746
CO2 avoided per year
130600
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 130.6 MWh per year, the solar plant will avoid the emission of about 5.75 tonnes of CO2 per year. This is equivalent to the CO2 absorption of 261 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 association 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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