Social Solar Solcor V
funded by 286 investors
This campaign aims to finance a photovoltaic plant for self-consumption at the elderly center Centro Social de Alferrarede (for daytime care and activities).
The installation and operation of the solar panels will be installed and operated by the campaign promotor: Solcor Portugal, a company specializing in the development and operation of solar photovoltaic installations.
Alferrarede social center's mission is to provide social activities that benefit children and the elderly. Recently, the institution committed further to this purpose by installing solar panels with a power of 21.6 kWp for its elderly center. The project will reduce the institution's costs by 62% thanks to the 53% self-sufficiency offered by the photovoltaic plant. This way, the center will be able to invest even more in activities that benefit its community, such as the Day Center and the Home Support Service.
Meeting the needs and expectations of the beneficiaries is the organization's main priority. The team is committed to constantly improving the services provided in four areas of social action. The commitment to offer high-quality services is mirrored in the institution's certification in accordance with the Portuguese NP EN ISO 9001 standard.
This campaign offers a longer-than-average loan term for Goparity standards. This means you will receive your capital back and gain interest over a more extended period of time. The rental agreement associated with the self-consumption photovoltaic installation foresees a low monthly payment by the beneficiary, who enjoys savings without initial financial investment to purchase the solar panels. Therefore, since the supply company’s payback period is longer, the payment plan is also extended (8-15 years). In this project, the beneficiary is a social solidarity private institution, and the supplying company is Solcor. Additionally, Solcor ensures the solar plant's operation throughout this period, allowing the social institution to maintain its focus on the community. Payments will be guaranteed in part by Solcor, a financially solid enterprise, and by the beneficiary. The savings generated by the solar plant for the beneficiary can be invested in social impact projects, where they make a difference. A solar panel can be used for about 30 years, making it a safe, profitable investment with relevant environmental impact. Impact investing in this type of project is a commitment to cleaner, safer, decentralized, and democratic energy systems.
CO2 avoided per year
MWh clean energy
The project is co-financed by Solcor Portugal, the guarantor of the loan.
The maturity of the loan was calculated to ensure that the monthly installments are paid by the revenue generated through the rental payments for the solar plant.
Download Key Investment Information Sheet
Pledge of equipment, pledge of receivables from the final client and pledge of Solcor Portugal.
SOLCORACTION LDA, or Solcor Portugal, is part of Solcor Group, a group with Belgian roots, founded in 2014 and active in Portugal, Chile, and Colombia. The group is committed to developing commercial solar plants and financing these projects. To date, they have over 400 projects concluded.
Solcor often relies on technical advice from the other companies in the group, strongly connected by sharing the same shareholders. Together they are active in basically every aspect of the solar photovoltaic market:
SOLCORELIOS II, UNIPESSOAL LDA is part of the Solcor Group (a daughter company of Solcor Portugal), created to develop solar projects for associations with community engagement.
Solcor has been active in Portugal since 2019. They have a talented team of 15 people with a track record of over 70 solar projects in Portugal, contributing to the company's experience in developing, operating, and financing solar plants nationwide.
Solcor wants to increase energy consciousness and contribute toward decarbonizing our economy by developing sustainable relationships through fruitful, simple, and transparent agreements and collaborations. Based on their performance and financial solidity, the promotor was certified as one of Portugal's top 5% of best SMEs (2022).
Their solar plant in Museu do Caramulo is one of the first collective self-consumption installations in the country.
Solcor Group is mainly active in the development and operation of commercial solar installations. The group has developed over 400 solar installations for clients from a wide range of sectors and currently manages over 500 installations.
The group's strong growth came mainly under the impulse of applying the ESCO model, where the client pays for his solar installation with the savings generated by the installation without the need for an initial investment by the client. Solcor, with its partners, currently invested over 25 million euros in projects for its clients.
Number of Goparity Loans
286 investors successfully raised 23.500€
This campaign will help avoid the emission of 4 tons of CO2 per year
Goparity is an impact investment platform that connects companies looking to finance their sustainable projects, with individuals and entities who want to invest sustainably. We are growing, both in terms of size and impact generated. We were born in Portugal in 2017, but have since then financed projects and grown a large community of investors all around the world.
Casa do ImpactoTv. de São Pedro 8
© 2021 Goparity
Part or all of your original invested capital may be at risk and the return on your investment depends on the success of the project invested in. Consider all risks before investing and read the Key Investment Information Sheet (KIIS) for each investment, available at www.goparity.com. Power Parity, SA is a crowdlending platform authorized and supervised by CMVM (Portuguese Securities Commission). All payments, transfers and funds collection are assured by MangoPay SA, an electronic payments institution authorized and supervised by CSFF (Luxembourg Financial Authority) under the nº 8711.