Solar medicinal plants
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https://goparity.com/projects/solar-medicinal-plants-413

Solar medicinal plants

Photovoltaic plant for self-consumption.
Investment overview
Impact category
Sustainable energy
Investment type
Loan
Yearly interest
4.5
%
Term
84
months
Risk level
The Risk Rating is the result of our credit risk assessment, which looks at the promoter’s financial strength and the project’s viability. It’s shown from A+ (lowest risk) to D (highest risk) and helps you compare projects and make informed decisions.
A
D
B+

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https://goparity.com/projects/solar-medicinal-plants-413

Description
Impact
Financial viability
Promoter

This campaign's promoter, Américo Duarte Paixão, is dedicated to the production, harvesting, drying, and storage of plants for aromatic, therapeutic, and medicinal purposes.

This project aims to install a photovoltaic plant with a power of 50,14kW made up of 92 panels with 545W.

What is the impact?

Direct 

  • Contributing to the decarbonization of the economy, by avoiding the emission of CO2: with an estimated clean energy production of almost 67 MWh annually, the solar plant will help avoid the emission of more than 9.1 tonnes of CO2 per year, equivalent to planting 417 trees. 
  • Cost reduction for the final client: the decentralized energy production through renewable sources, close to the consumption site, helps to avoid distribution costs, making this a more competitive option than reverting to the national grid. For this client, it will enable 49% less costs for energy.  Furthermore, the decreased dependency of the company on the national grid, makes it less vulnerable to price fluctuations and fiscal charges. 

Indirect

  • Support local companies to a green energy transition: the transition to more sustainable practices, including the energy production source and consumption supports companies and sectors to become more sustainable.

Impact indicators

9173
Kg
CO2 avoided per year
66956
KWh
clean energy

Contribution to the Sustainable Development Goals

About the Promoter

About
Américo Duarte Paixão, Lda

Américo Duarte Paixão, Lda's story begins in the 1940s in the village of Vale da Trave, parish of Alcanede, municipality of Santarém, with Mrs. Celeste Emília da Conceição, who harvested, dried, and stored plants collected in the Serras de Aire e Candeeiros Natural Park (PNSAC). The plants were then sold to the Antiga Ervanária da Anunciada in Lisbon. Before long, large quantities of rosemary leaves were being supplied to Lisbon, Porto, and the USA.

In the 1960s, Américo Duarte Paixão, Mrs. Celeste's son-in-law, joined the company and invested heavily in the business. In 1980, with the arrival of a new generation of family members, the promoter developed the import and export of products. Today, they export to the USA, India, the UK, Germany, Spain, France, and Angola.

The interest in phytotherapy and the growth of scientific research into medicinal plants has allowed the company to continue to grow. Américo Duarte Paixão, which is still located in Vale da Trave, in the PNSAC, holds a Quality Certification from Bureau Veritas, according to the ISO 9001 standard, for the processing, handling, and packaging of medicinal plants.

Promoter website

https://www.adplda.com/

Business Model

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Campaign progress

0%

of target

6270000

Minimum

6270000

Target

6270000

Maximum

Project location
Alcanede
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