Energy communities VI

Clean local energy for self-consumption in a Portuguese town.

Investment overview

Impact category

Sustainable energy

Investment type

Loan

Yearly interest

5.25

Term

months

Risk level

C+

What will you be financing?

The funds raised through this campaign will be used to finance the installation of a renewable energy community located in Arcos de Valdevez, in the district of Viana do Castelo.

A total of 47,5 kW will be installed. The plant will produce around 64.5 MWh of clean energy per year. The plant will be located at the Humanitarian Association of Volunteer Firefighters of Arcos de Valdevez, coordinates 41.84848127151852, -8.41986184232685. This community will be part of the project “100 Villages”.

“100 Aldeias” is a Portuguese project led by Cleanwatts (the promoter of this campaign and a pioneer in this type of project) and by the companies "About the Energy", in partnership with BEWG and Jeune. Their mission of this project is to fight energy poverty by creating renewable energy communities that produce their own green, clean, and decarbonized electricity, and promoting good energy practices among these same communities.

Adhering members will be able to buy electricity produced at the plant at a price around 25% lower than the price of the national grid during sunny hours. Participants will not be required to make any investment or change their contracts with their current energy supplier. Instead, they will only consume part of the energy generated from a local, green, and sustainable source. This will accelerate the process of decarbonizing these villages.

The participating members of the energy community will benefit from the referred reduced rate for a period of 20 years, with no need to make investments, nor charges or responsibilities with the operation, maintenance, or installation. Cleanwatts will be responsible for the technical management of operation, maintenance, and installation.

What is the impact?

Direct impact

Contribution to the decarbonization of Portugal, avoiding CO2 emissions: with a clean energy production of around 64.5 MWh per year, the solar energy central will avoid the emission of over 8.6 tonnes of CO2 every year. This is equivalent to the absorption of CO2 from around 393 trees.

Indirect impact

Reduction of energy poverty in Portugal: through community energy production, the "100 Aldeias" project will impact 20,000 people in 100 small Portuguese villages, with an expected reduction of around 10% of their energy costs and an increase in their levels of thermal comfort.

Impact indicators
‍

8640

CO2 avoided per year

64480

clean energy

created by our projects

of sustainable

200

impacted

Contribution to the Sustainable Development Goals
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About the Promoter

About

ENERBELLUM, LDA

Direct impact

Contribution to the decarbonization of Portugal, avoiding CO2 emissions: with a clean energy production of around 64.5 MWh per year, the solar energy central will avoid the emission of over 8.6 tonnes of CO2 every year. This is equivalent to the absorption of CO2 from around 393 trees.

Indirect impact

Reduction of energy poverty in Portugal: through community energy production, the "100 Aldeias" project will impact 20,000 people in 100 small Portuguese villages, with an expected reduction of around 10% of their energy costs and an increase in their levels of thermal comfort.

Promoter website

http://enerbellum.pt/

Team
‍

[{"id":20,"promoter_id":262,"name":"Basílio Simões","description":"Serial entrepreneur with over 25 years of experience as CEO, Board Member, and Angel Investor. Founder and CEO of ISA (Intelligent Sensing Anywhere), scale up to 150 FTE and IPO in 2012. Foundational investor of Virtual Power Solutions (2014) and Energia Simples (2015). Ph.D. in Technology, Physics, Invited Professor for Innovation and Entrepreneurship at Coimbra University. Basílio is also the Co-Founder and President of Cleanwatts in Portugal.","link":"https://www.linkedin.com/in/jbsimoes/","role":"Managing Partner","member_photo":"https://991934249232-prod-octobercms-public-storage.s3.eu-west-1.amazonaws.com/public/630/dd2/fc8/630dd2fc8b4a1184789662.jpg","avatar_id":65348}]

Business Model
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