Vale Paraíso

PV plant for self-consumption in Santos&Bairros's facilities with 89,1 kWp

Investment overview

Impact category

Sustainable energy

Investment type

Loan

Yearly interest

4.5

Term

months

Risk level

Amplicercanias’ new solar photovoltaic facility has an installed capacity of 89,1 kWp. It will be hosted by Santos & Bairros, a company dedicated to leather trade for the footwear industry, located in Vale Paraíso, a rural village in Portugal. The Annual estimated production of clean energy is 139,7 MWh which is equivalent to the annual average consumption of 60 Portuguese families. The amount to be raised in Goparity is 58000,00€ out of total project cost, 68000,00€.

What is the impact?

Direct:

The annual emission of 38 tons of CO2 will be avoided due to this solar project. Thus, its positive environmental impact will be equivalent to planting 1707 trees. The project will also create a positive impact locally, helping Santos & Bairros to be more competitive by paying them a monthly rent for the use of their facilities’ roofs.

Impact indicators
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38000

CO2 avoided per year

139700

KWh

clean energy

Contribution to the Sustainable Development Goals
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About the Promoter

About

AMPLICERCANIAS - LDA

Amplicercanias is a company incorporated in March 2018 with the purpose of building and operating a photovoltaic power plant at the facilities of Sacopor. It is 95% owned by Tilera, Unipessoal, Lda, a company classified by Iberinform with a score rating 5, equivalent to a low level of default.

After the success of Sacopor Solar, a solar project funded with 287.500€ by GoParity in April 2018, Amplicercanias created the Power Angels brand. Power Angels is a promoter of clean energy projects that operates in several business areas, with the purpose of having returns that will cause a big impact. Power Angels is centered in a simple business model that acts as a leader investor in renewable energy projects and energetic efficiency, a model “out of balance”, sharing the profit and the savings from the projects and their hosts. The social purpose is the foundation of its creation, fulfilling the need of financial revenue so the delivery of the money is fair both to the environment and to the investors.

Promoter website

Business Model
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