Reserved Amount = € 0,00
Reserved Amount = € 0,00
This project will have the following positive impact:
Reduced dependence on carbon-based fuels, avoiding the emission of 24,6 tons of CO2 a year: with an estimated production of 91,7 MWh, the photovoltaic system will avoid the emission of 24,6 tons of CO2, the equivalent to planting 1.118 trees.
Cost-reduction for the end-client: this decentralized electric energy production, located near the consumption site, reduces the distribution costs, making the renewable energy option more attractive and cost-competitive than the national grid. In addition to this, the lower dependence on the national grid reduces the company’s exposure to price fluctuations.
Moreover, for each developed project, the promoter will run one of the two following initiatives, in line with its environmental policy:
Donate 10€ for each kW of 100% green energy installed to a non-profit organization.
Plant a tree for each kW of 100% green energy installed.
Tintas Lacca, SA is a company based in Northern Portugal, dedicated to the production of paints and varnishes for the furniture, construction, and metalworking industries.
The company’s environmental policy is focused on reducing the emission of volatile organic compounds, which are released during the paint’s application and drying processes. In order to increase ita sustainability and self-sufficiency, the company will install a solar photovoltaic plant for self-consumption with a total power of 50,0 kWp in its facilities. The plant will generate 91,7 MWh of energy per year. The panels will be installed by Luz Verde (an energy services provider).
During the first 5 years, the power plant will be rented to Tintas Lacca, a period after which it will be acquired by the latter. The solar power plant will allow for significant energy savings in comparison with the current consumption, as well as a reduction in its electricity bill.
During the first 60 months, LuzVerde is renting the photovoltaic power plant for a variable rent indexed to the production of the central. At the end of the 60 months, Tintas Lacca can acquire the central for € 1 596,48. Due to the cost reduction on the electricity bill, the end client will save € 465,60 a month during the rental period (after paying the PV rental costs), which makes the project financially viable since the first month. After acquiring the central, it will save € 1 263,74 a month. The expected lifetime of the power plant is up to 30 years.
Payments Status: On time