Solar Residency

Photovoltaic plant for self-consumption

Investment overview

Impact category

Sustainable energy

Investment type

Loan

Yearly interest

6.7

Term

months

Risk level

C+

This campaign's promoter is an engineering and technology company focused on renewable energies. The campaign's aim is to install a solar photovoltaic plant for self-consumption in an elderly home with a PPA contract.

The plant, which will be installed at Sant Josep Residency, a retirement home in the Barcelona area, will have an installed capacity of 62.72 KW and the funding includes the installation of 14 pergolas on which the 112 photovoltaic panels will be placed.

This investment will save energy and help reduce costs for the residency. The photovoltaic system will pay for itself in just 3 years, with subsequent savings on electricity bills.

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 82.62 MWh annually, the solar plant will help avoid the emission of more than 11.32 tonnes of CO2 per year, equivalent to planting 515 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. Furthermore, the decreased dependency of the company on the national grid, makes it less vulnerable to price fluctuations and fiscal charges.

Impact indicators
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11319

CO2 avoided per year

82622

KWh

clean energy

Contribution to the Sustainable Development Goals
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About the Promoter

About

QUERCUS DESARROLLO DE PROYECTOS SL

Quercus is an engineering and technology company founded in 2011 and based in Barcelona. The promoter is focused on renewable energy projects and its goal is to contribute to climate, environmental, and cultural change. Its services include solar energy installations, remote control systems, irrigation systems, and intelligent control systems, among others.

The Quercus team is made up of highly qualified professionals in continuous training. In addition to 15 employees, including management, the engineering department, the installation team, the sales department, and the administrative department, they also rely on external teams to meet the requirements with the utmost dedication and transparency.

The company's plan is to maintain the founding partners' philosophy of hard work and effort and to adapt to the new times with the help of new technologies.

Promoter website

https://www.quercusdp.com

Team
‍

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Business Model
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