Sport Algés D.

PV plant for self-consumption with 142kWp

Investment overview

Impact category

Sustainable energy

Investment type

Loan

Yearly interest

4.45

Term

months

Risk level

SOLVasto will install a photovoltaic power plant with a capacity of 142 kWp at the Sport Algés and Dafundo (SAD) club which will produce 230 MWh of solar energy per year. As a non-profit club, this project will enable SAD to achieve greater financial sustainability, which is extremely important in ensuring its success, and to set an example for thousands of young people by adopting clean and renewable energy technology.

What is the impact?

Direct:

The estimated annual production is 230 MWh of clean energy, enough to cover 50% of their current consumption in natural gas. The project has an environmental impact equivalent to the reduction of the energy consumption of 98 Portuguese families.

Impact indicators
‍

63300

CO2 avoided per year

230000

KWh

clean energy

2000

people

impacted

Contribution to the Sustainable Development Goals
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About the Promoter

About

SOLVASTO - PROJETOS E INVESTIMENTO, LDA

SOLVASTO provides services for photovoltaic installations and energy efficiency projects, managing the global process from the engineering, licensing, financing, acquisition, monitoring, maintenance and operation of photovoltaic systems.

SOLVASTO was created at the end of 2016 to meet the growing demand, by investing / financing entities, for projects in the area of energy efficiency and for services such as independent quality control, monitoring, and maintenance of photovoltaic systems.

Currently, it has 4 employees, the company has already participated in the development, licensing, installation, maintenance, and operation of more than 30 MWp, which produces more than 40 GWh / year, which avoids the emission of around 6,000 tons of CO2 per year. Since 2018 he also started his activity in the e-mobility area, having participated in the largest private installation in Portugal with more than 1,000 parking spaces prepared to receive electric chargers.

In 2018, SOLVASTO financed two projects through Goparity (Amigos da Natação and Sport Algés e Dafundo) and in 2020, the company was the installer on the project Solar Social Village, solar energy for self-consumption at Santa Casa da Misericórdia de Borba.

In 2021, the company intends to increase its number of employees and foresees an increase in turnover of about 20% compared to the previous year (having already been over 50% in 2020 compared to 2019), despite the current climate caused by the uncertainty of the pandemic.

Promoter website

https://solvasto.pt/

Team
‍

[{"id":229,"promoter_id":53,"name":"Nuno Giraldo Torres","description":"Born in Luanda, Nuno graduated in Mechanical Engineering at the University of Coimbra and has a Masters in Management at the Technical University of Lisbon (ISEG). He has extensive experience in renewable energies, and energy efficiency, particularly in biogas, photovoltaic solar, thermal energy, and energy efficiency. In his professional career, he worked at Enersky, Turbomar Energia, and the German multinational Donauer Solar Systems. He was also a technical consultant for Falconer, the oldest solar thermal company in Portugal; commercial director of CEBC Energia; head of Marketing and Sales at Vivapower; consultant at Sueca Aura Light; and Sales Director at the commercialization company Elusa.","link":"https://www.linkedin.com/in/nuno-giraldo-torres-b4042945/","role":"CEO & Founder","member_photo":"https://991934249232-prod-octobercms-public-storage.s3.eu-west-1.amazonaws.com/public/668/27b/d5e/66827bd5e9f96942793321.jpg","avatar_id":147610},{"id":230,"promoter_id":53,"name":"Paulo Oliveira","description":"Paulo Oliveira was born in Jersey (UK), has training in renewable energies, and has gained over the last 12 years accumulating experience in the field of photovoltaic solar, having been a board member of several companies in the sector, namely WS Energia, the multinational German Donauer Solar Systems, where he met Nuno, Martifer Solar and Vivapower for the first time, where he became a colleague of Nuno, and Redeforte before joining the SOLVasto project.","link":"https://www.linkedin.com/in/paulo-oliveira-a517a151/","role":"Senior PV Designer","member_photo":"","avatar_id":""}]

Business Model
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