Landal II
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Landal II

Solar power for self-consumption in a charity in Portugal.
Investment overview
Impact category
Sustainable energy
Investment type
Loan
Yearly interest
5.2
%
Term
72
months
Risk level
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https://goparity.com/projects/landal-ii-67

Description
Impact
Financial viability
Promoter

What will you be financing?

Landal Community Development Centre (Centro de Desenvolvimento Comunitário do Landal CDCL) is a charity focused on local development in the centre of PortugalTheir activities cover a nursing home for elderly people, home support, social shop, professional training and a rural museum targeted at the whole Landal Parish and its surrounding population.  

 Their aim with this campaign is expand the institution’s self-consumption capacity, by financing the installation of solar panels with 13,4kWp of powerWith an estimated annual production of 22,52 MWh, the photovoltaic plant will allow for significant energy savings in comparison with the current consumptionThis will make the charity 78% self-sufficient in terms of energy. 

 This is the second solar energy project for CDCL, coming after the successful financing of the first one, which aimed to finance a 10 kWp capacity PV plant for self-consumption and an LED lighting system. The amount was also raised through Goparity 24.000,00€ raised in only in one day. 

 The combination of high electricity costs and with solar power becoming less and less expensive, the better the business case for producing electricity for self-consumption, especially in regions with high sun exposure.

What is the impact?

The photovoltaic system for self-consumption will allow for the production of around 78of the energy consumed locallyaccounting for total energy savings of around 22,52 MWh/year. This corresponds to avoiding the emission of 6 tonnes of CO2 to the atmosphere every year or planting 275 treesMoreover, this will allow the institution to invest the savings in improving its social care services. For example, finishing the construction of the Day Care Centre that will support the elderly. 

Impact indicators

4600
CO2 avoided per year
22500
clean energy
created by our projects
of sustainable
impacted

Contribution to the Sustainable Development Goals

About the Promoter

About
Centro de Desenvolvimento Comunitário do Landal

The photovoltaic system for self-consumption will allow for the production of around 78of the energy consumed locallyaccounting for total energy savings of around 22,52 MWh/year. This corresponds to avoiding the emission of 6 tonnes of CO2 to the atmosphere every year or planting 275 treesMoreover, this will allow the institution to invest the savings in improving its social care services. For example, finishing the construction of the Day Care Centre that will support the elderly. 

Promoter website

http://www.centrolandal.com

Business Model

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