Solar Buyende Cooperative
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https://goparity.com/projects/solar-buyende-cooperative-158-8c4ed

Solar Buyende Cooperative

Solar energy for a dairy cooperative in Uganda.
Resumen de la inversión
Categoría de impacto
Energía sostenible
Tipo de inversión
Préstamo
Interés anual
7
%
Plazo
60
meses
Nivel de riesgo
La clasificación de riesgo es el resultado de nuestra evaluación de riesgo de crédito, que analiza la solidez financiera del promotor y la viabilidad del proyecto. Se muestra de A+ (riesgo más bajo) a D (riesgo más alto) y te ayuda a comparar proyectos y tomar decisiones informadas.
A
D
C+

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https://goparity.com/projects/solar-buyende-cooperative-158-8c4ed

Descripción
Impacto
Viabilidad financiera
Promotor

With more than 8 years of experience in the renewable energy sector, the SolarPipo group is a Dutch company aiming to unburden the processes of acquiring and installing solar systems for cooling, water pumps, and other productive uses of dairy cooperatives in Uganda.

The funds raised through this campaign will be used to finance a solar energy project at the Buyende Cooperative in Buyende District, Uganda. The Buyende Cooperative was founded in 2012 with 25 members, which owned in total around 375 cows. Currently, it has 60 members (who make up the general assembly, the board with three sub-committees (procurement, Finance, and Human resources); Project Management Committees, the secretariat that comprises the Manager and staff. In addition, there is the audit and advisory committee, which was appointed by the general assembly to oversee the board and its committees). The Cooperative owns in total more than 750 dairy cows, 650 actively producing milk. On top of this, it provides services to over 175 other non-cooperative farmers, who despite not being members enjoy the umbrella and security provided by the cooperative, which helps them sell the milk to the same bulk buyers at a fair price.

The funds raised through this campaign will be used to replace a diesel generator for a 30kWh solar power plant (reducing diesel consumption to zero) and the acquisition of a battery rack (24kWh). By recurring to clean energy, the current cost of cooling the milk will decrease, making the energy more affordable to cooperative milk producers.

¿Cuál es el impacto?

Direct

  • Clean energy: The solar plant will produce 344,8 MWh per year, allowing the cooperative to run on clean energy only, and eliminating diesel consumption – a reduction of 9.125 liters/year that will avoid the emission of 24.45 tons of CO2 a year, the equivalent of planting 1.111 trees.
  • Better working conditions: by increasing the lighting around the plant with external safety lights, the cooperative members will have longer operation hours especially loading milk to the buyers’ trucks during late evenings. The installer will install 3 street lighting modules at the facility at no extra cost.
  • Greater financial autonomy: the cooperative currently has 60 members and over 175 non-cooperative farmers termed as “out producers”, with a combined labor force of around 250 people that will be positively affected by this project. Milk producers will get better income because of increased reliability in storage and supply knowing milk won’t go bad and fetching a better price with milk processors.
  • More gender equality: the cooperative plans to bring women to leadership positions and has set itself a target of a gender balance of at least 40 % of the core management positions being taken up by women by 2025.
  • Job generation: It is projected that with this solar cooling project, the cooperative operation hours will be increased and so will the volume of milk which will create extra job positions. In the long term, this will spur micro-processing of the milk to make products like yogurt, creating over 320 direct and indirect jobs at the farms, shops, and processing plants.

Indirect:

  • Impact on the local community: with the increase in job creation, and a stable supply of milk, there will be a trickle-down effect on the local community whether it is tackling malnutrition or education access with parents now better equipped to pay for school fees.
  • Reduction of milk waste: Estimates point to 35 % of all milk production in Buyende being wasted due to a lack of timely cooling. Solar coolers are reliable and can provide consistent cold storage for areas with no or unreliable energy access, offering significant impact potential on reducing milk waste to minimal levels.

Indicadores de impacto

24450
Kg
CO2 avoided per year
344800
KWh
clean energy
320
jobs
created by our projects
250
people
impacted

Contribución a los Objetivos de Desarrollo Sostenible

Sobre el promotor

About
SolarPipo Finance B.V.

SolarPipo BV es una compañía fundada en 2017 con base en Amsterdam, Holanda. Sus accionistas están formados por personas nacionales de Uganda y dos compañías holandesas: Rockstart BV y Beehaeve. De forma a poder gestionar mejor los fondos del grupo, el holding creó la entidad financiera SolarPipo BV, que a su vez posee el 100% de la empresa madre, y es responsable de la contratación directa a las cooperativas de Uganda.

El principal objetivo de SolarPipo es facilitar al sector lácteo del país el acceso a energía renovable. La compañía ofrece a sus clientes -mayor parte ganaderos y agricultores- el acceso a una alternativa rentable, fiable y efectiva a los actuales generadores de diesel y conexión a la red. Los servicios que ofrece dan respuesta a toda la cadena de valor del sector: desde la financiación, diseño e instalación del sistema solar hasta la asistencia técnica y mantenimiento del sistema.

El equipo de SolarPipo está compuesto por 5 personas y tiene más de 8 años de experiencia en el sector de las energías renovables, desarrollo de producto y gestión de proyectos, ventas y marketing así como formación y gestión de equipos. Se ha especializado en la gestión de startups enfocadas en el sector de la innovación.

SolarPipo Finance BV fue fundada en abril de 2020 y la mayoría de las acciones pertenecen a sus accionistas holandeses, que tienen en conjunto una experiencia de 60 años, siendo Rockstart quien tiene la experiencia más relevante en emprendimientos y empresas de energía inteligente.

Las cooperativas de productores de leche son un sector empresarial en crecimiento y muy importante (10% de la economía), combinado con las industrias de procesamiento de leche y el transporte necesario para llevar la leche refrigerada de las granjas a los procesadores. Por lo general, los enfriadores de leche utilizan grandes generadores de diesel para la energía. SolarPipo ha identificado una lista de 7 granjeros lecheros que no pueden esperar a dejar de usar los generadores que consumen grandes cantidades de diésel (las cuales pueden escalar fácilmente a cifras significativamente mayores). Además, hay por lo menos 100 cooperativas en la lista de potenciales clientes, pero también numerosas otras partes en la cadena de valor del sector lácteo.

Sitio web del promotor

https://www.solarpipo.com/

Equipo

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Modelo de negocio

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Progreso de la campaña

0%

del objetivo

5750000

Mínimo

5750000

Objetivo

5750000

Máximo

Project location
Buyende
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