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20.800 €

100% funded by 383 investors

Solar Store

Location Pin Svg
Viana do Castelo, PT

instalment

monthly

term

2 years

yearly interest

5.7%

risk rating

B-

Self-consumption solar energy plant for a mega store.

Description

Pumpkin Generation is the owner company of a megastore that sells many different types of products in Viana do Castelo.

This campaign aims to fund the installation of a PV plant composed of 56 photovoltaic panels of 550W with a total power of 30.8 kWp that will allow the company to reduce the electricity cost component associated with its activity, at the same time that it will allow avoiding the emission of about 24t of CO2 into the atmosphere.

Norteled will install the plant. A company founded in 2011 in Viana do Castelo, a local pioneer in LED Lighting, Electrical Maintenance, and electrical installations from scratch. Their focus is on reducing energy and financial costs for their customers. Currently, they are also a distributed generation integrator company, focusing on photovoltaic energy.

The Impact

Direct

  • Contribution to the decarbonization of Portugal, avoiding CO2 emissions: With a total production of clean energy of 40.8 MWh per year, the solar plant will avoid the emission of about 5.6 tonnes of CO2 per year. This is equivalent to the CO2 absorption of 254 trees.
  • Cost reduction for the end customer and support local companies to a green energy transition: decentralized energy production through renewable sources, close to the place of consumption, helps to avoid distribution costs, this being the most competitive option. In addition, the company's lower dependence on the national grid makes it less vulnerable to price fluctuations and tax charges.

Impact Indicators

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5,59 t

CO2 avoided per year

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40,8

MWh clean energy

Sustainable Development Goals

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Financial viability

The cost reduction from the energy bill will cover the installments during the 2-year term of the loan.

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Download Key Investment Information Sheet

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Guarantees

Pledge of equipment

The Promoter

About Pumpkin generation unipessoal lda

Pumpkin Generation - Unipessoal Lda, is the company that owns China Store, in Viana do Castelo.

The company was founded in 2018 and has 10 employees. In the store, you can find all kinds of products for decoration, bricolage, stationery, gardening, and fashion, among many other categories, in a sales surface of more than 1000 m2.

Business Model

Wholesale of a wide variety of goods without specialization.

Active since

2018

Fiscal country

PT

Operating In

Portugal

Industry

Food & Beverages

Number of Goparity Loans

1

Women Shareholders

No

Updates

2023-08-31

First payment

First instalment was paid to all the investors

2023-07-31

100% funded

368 investors successfully raised 20.800€

2023-07-26

Open for investment

This campaign will help avoid the emission of 6 tons of CO2 per year

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