Share
454.717,05 € invested by 2798 lenders
600.000 €
22 days left to close
Solar Community
Murcia, ES
instalment
monthly
term
3 years
a year
6.3%
rating
B-
The road to energy independence
Description
Comunidad Solar is a company whose main mission is to help people become owners of renewable energy we can get from the sun, wind, and water.
The promoter wants to break traditional dependence on the energy market, by creating energy communities that empower their members. To do so, Comunidad Solar buys solar parks (and other renewable generation assets) and then sells memberships to people who become community members, without having to install panels on their roofs.
The funds raised through this campaign will be used to invest in a solar park in Murcia, Spain called Cervantina. Cervantina's legal name is Lorenzo Solar SL. The investment will focus on three dimensions:
- Buy the remaining 50.1% of Lorenzo Solar SL that doesn't belong to the promoter yet (Comunidad Solar currently owns 49,9% of the company and 80% of energy generation rights).
- Paying back shareholders' loans used to purchase part of Lorenzo Solar SL.
- Fund the activities to develop the energy community business model.
The investment will allow more people to join Comunidad Solar's model by owning solar panels remotely.
The Impact
Direct
- Contribution to the decarbonisation of Spain, avoiding CO2 emissions: With a total production of clean energy of 2 352.24 MWh per year, the solar plant will avoid the emission of about 282.27 tonnes of CO2 per year. This is equivalent to the CO2 absorption of 12 830 trees.
- Cost reduction for the end customer: energy production through renewable sources, owned by the consumer lowers the costs of the electricity consumed and a lower dependence on the national grid making it less vulnerable to price fluctuations and tax charges.
Indirect
- Increasing access to renewable energy consumption: Comunidad Solar has developed an innovative model for renewable energy – remote self-consumption. In Spain, much of the population and SMEs don’t dispose of a roof over which solar panels can be installed. They are therefore excluded from the option of traditional self-consumption installations. To solve this, Comunidad Solar acquires big solar, wind, and hydroelectric plants and sells to clients the energy production rights of the plants. With this solution, the clients don’t pay for the energy, only cover transportation, tolls, and taxes. This concept was initiated by Comunidad Solar in 2023, and 750 people are subscribers of this solution.
Impact Indicators
282,27 t
CO2 avoided per year
2.352,2
MWh clean energy
Contribution to the Sustainable
Development Goals
Sustainable Development Goals
.f6a61f4.png)
.ebc4597.png)
Financial viability
Download Key Investment Information Sheet
Guarantees
Loans granted to the promoter COMUNIDAD SOLAR POWER SL by investors will have the following guarantees, provided for in the loan agreements associated with the campaign:
- Pledge of shares of the company Lorenzo Solar SL (SPV)
- Commercial Pledge of assets (solar painels to be installed)
The Promoter
About COMUNIDAD SOLAR POWER S.L.
Founded in 2018, Comunidad Solar is a Madrid-based company created to make renewable energy accessible for all.
Comunidad Solar is changing the way people access renewable energy, by managing renewable energy installations such as solar parks and hydroelectric plants where they sell memberships to individuals and businesses.
Members can buy their membership in these installations and, in return, receive energy at zero cost per kWh. This model provides financial benefits and empowers individuals to contribute to the shift towards sustainable energy, irrespective of space constraints for personal installations.
Comunidad Solar has a team of over 30 experts pioneering remote solar energy in Spain, leading the company to launch the first energy community in Spain combining the power of a Solar Farm and a Hydroelectric Power Plant. The plan is to include the power of a wind turbine as well. Currently, the promoter's community comprises over 2182 members, who collectively produce 96% of the energy they consume. This makes it Spain's largest remote energy community.
The company has more than 10 partners who invest time and knowledge to fulfill the vision of creating the largest energy community developer in Spain. These partners include Circle Energy, a company with over 30 years of experience developing renewable-energy assets in Europe.
The team
Paco Ragageles
Eugenio García-Calderón
Gabriel Pastor
Jose Alvarez
Business Model
Active since
2018
Fiscal country
ES
Operating In
Spain
Industry
Energy
Women Shareholders
Yes
Website
https://comunidadsolar.es/Updates
2024-04-10
Open for investment
This campaign will help avoid the emission of 282 tons of CO2 per year
Sign up to our newsletter and stay up-to-date on our investment opportunities
Solar Community
© 2024 Goparity
Power Parity, SA is a commercial company based in Portugal, owner of the crowdlending platform GOPARITY and holder of an activity license under Regulation (EU) 2020/1503 (European Crowdfunding Regulation), regulated and supervised by the CMVM (Portuguese Securities Market Commission).<br>Payment services at GOPARITY are provided by MangoPay SA, a registered electronic money institution based in Luxembourg and supervised by the CSFF (Commission de Surveillance du Secteur Financier), registered with Banco Portugal (the Portuguese regulator) under no. 7830.<br>Investments in crowdlending carry a risk of partial or total loss of the funds invested. The return on your investment depends on the project's success developed through the campaign in which you invest. Your investment is not covered by the deposit guarantee schemes established by Directive 2014/49/EU nor by the investor compensation schemes established by Directive 97/9/EU. Please consider all risks before investing and carefully read the Key Investment Information Sheet (KIIS) provided to you before investing.