Quinta do Fincão Solar

Solar energy for self consumption.

Investment overview

Impact category

Sustainable energy

Investment type

Loan

Yearly interest

4.98

Term

months

Risk level

C+

What will you be financing?

This campaign aims to finance a photovoltaic plant for self-consumption in an event venue called "Quinta do Fincão", in Viana do Castelo, Portugal.

They hold varied events, from weddings, baptisms, communions, and birthday parties, to group dinners and corporate events.

The installation and operation of the solar panels will be carried out by Norteled, a company specializing in the development and operation of photovoltaic solar installations.

This project aims to install a photovoltaic plant with an output of 8.8kW made up of 16 panels of 550W. The installation of the plant will reduce electricity costs with an average monthly generation of 1.000kWh.

What is the impact?

Direct

Contributing to the decarbonization of the economy, by avoiding the emission of CO2: with an estimated clean energy production of 1 MWh annually, the solar plant will help avoid the emission of more than 137 kilos of CO2 per year, equivalent to planting 6 trees.
Cost reduction for the final client: the decentralized energy production through renewable sources, close to the consumption site, helps to avoid distribution costs, making this a more competitive option than reverting to the national grid. Furthermore, the decreased dependency of the company on the national grid, makes it less vulnerable to price fluctuations and fiscal charges.

Indirect

Support local companies to a green energy transition: the transition to more sustainable practices, including the energy production source and consumption supports companies and sectors to become more sustainable.

Impact indicators
‍

137

CO2 avoided per year

1000

clean energy

created by our projects

of sustainable

impacted

Contribution to the Sustainable Development Goals
‍

About the Promoter

About

QUINTA DO FINCÃO LDA

Direct

Contributing to the decarbonization of the economy, by avoiding the emission of CO2: with an estimated clean energy production of 1 MWh annually, the solar plant will help avoid the emission of more than 137 kilos of CO2 per year, equivalent to planting 6 trees.
Cost reduction for the final client: the decentralized energy production through renewable sources, close to the consumption site, helps to avoid distribution costs, making this a more competitive option than reverting to the national grid. Furthermore, the decreased dependency of the company on the national grid, makes it less vulnerable to price fluctuations and fiscal charges.

Indirect

Support local companies to a green energy transition: the transition to more sustainable practices, including the energy production source and consumption supports companies and sectors to become more sustainable.

Promoter website

https://quintadofincao.pt/

Business Model
‍

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