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100%
32.900 €

100% funded by 493 investors

Hotel Sol e Chuva

Location Pin Svg
Montalegre, PT

instalment

monthly

term

5 years

yearly interest

4%

risk rating

B+

Solar energy for self-consumption in a rural tourism house.

Description

The Sol e Chuva Hotel is located 17 kilometres from Montalegre, by the Pisões Dam, the country's second-largest.

Open for over 30 years, the Sol e Chuva Hotel is now widely recognized in the Montalegre restaurant and hotel scene. The hotel has eight rooms, a bar, and a restaurant famous for its traditional local recipes which have been served in town for over four decades. Sol e Chuva also hosts events overlooking the blue Rabagão River.


The funds raised through this campaign will be used to purchase a 28.08kWp photovoltaic plant for self-consumption. The plant will include 52 photovoltaic panels, a car park system and two 11kW chargers for electric vehicles.

The installation of the power plant and chargers will be the responsibility of Ventos e Argumentos - Soluções de Energia, Lda., a Portuguese energy service provider.

The project has a budget of about €40,000, of which 80% (€32,900) will be financed through GoParity, 15% through Sol e Chuva's own capital, and 5% will be secured by the installer and repaid at a 1% rate a year by Sol e Chuva.

The Impact

Direct:

  • Contributing to the decarbonization of the economy, helping to avoid the emission of CO2: with an estimated clean energy production of 44 MWh/year, the solar plant will help avoid the emission of 7,1 tons of CO2 per year, the equivalent of planting 324 trees.

Indirect:

  • Promotion of e-mobility: installing two charger columns for electric vehicles at the Hotel promotes e-mobility and a more conscious approach for the tourism segment.

Impact Indicators

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7,1 t

CO2 avoided per year

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44

MWh clean energy

Sustainable Development Goals

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Financial viability

This investment will eliminate part of the costs associated with electricity consumption and position the compound as an "environmentally friendly" location.

The maturity of the loan was calculated so that the installments will be paid by the savings generated in the electricity bill. The photovoltaic plant will generate an average annual saving of € 6,000 in electricity costs, which ensures the sustainability of the project.

EV charging is a new source of revenue for the promoter.


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Download Key Investment Information Sheet

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Guarantees

Equipment pledge.

The Promoter

About SOL E CHUVA, LDA

Located 17 km from Montalegre, and just 1 km from Pisões Dam, Sol e Chuva Hotel includes 8 rooms, a bar and a restaurant. Pets are allowed and you can count on a 24-hour front desk service.

With doors facing the Pisões Dam, the second-largest non-natural hydrographic basin in Portugal, the Hotel is perfectly located to accommodate the growing demand for domestic tourism in the northern region, targeting mostly Portuguese couples and families.

The view of the dam, the hills and deep valleys create the perfect scenery for special occasions. In addition to many locals, Sol e Chuva is chosen by Montalegre City Hall and EDP Produção to host events


Business Model

Domingos Machado Moura and Palmira Gonçalves Amaro founded Sol e Chuva’s restaurant in 1980, and opened the hotel six years later, in 1986. This family business is still owned by Palmira Amaro and her son, Renato Amaro Moura.

For the past 40 years, Sol e Chuva has been a reference for Barroso’s local cuisine and is praised by other restaurants and hotels in the Alto Tâmega and Barroso region. Sol e Chuva employs five people (two women and three men).

Active since

1980

Fiscal country

PT

Operating In

"Portugal"

Industry

Tourism

Number of Goparity Loans

1

Women Shareholders

Yes

Updates

2024-11-26

The project has been successfully implemented while payments are ongoing

The Hotel Sol e Chuva has successfully installed the solar panels system, that also function as a car park coverage, as well as the chargers for electrical vehicles.

The hotel and restaurant in the Montalegre region contributes to renewable energy generation and avoids the emission of CO2, equivalent to the absorption of 324 trees every year. Also, the promoter set an important example to the tourism and hospitality sector, especially in the region of the Pisões Dam.

2021-10-08

First payment

First instalment was paid to all the investors

2021-09-07

100% funded

463 investors successfully raised 32.900€

2021-08-18

Open for investment

This campaign will help avoid the emission of 7 tons of CO2 per year

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