Sciven: Solidary Energy
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Sciven: Solidary Energy

Energy efficiency and cost reduction at the José Relvas Foundation
Investment overview
Impact category
Sustainable energy
Investment type
Loan
Yearly interest
5.6
%
Term
96
months
Risk level
The Risk Rating is the result of our credit risk assessment, which looks at the promoter’s financial strength and the project’s viability. It’s shown from A+ (lowest risk) to D (highest risk) and helps you compare projects and make informed decisions.
A
D
B-

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https://goparity.com/projects/sciven-solidary-energy-527

Description
Impact
Financial viability
Promoter

What will you be financing?

SCIVEN is a Portuguese company specialising in the development of energy production and management systems. The promoter is dedicated to offering solutions that make energy more efficient and affordable for organisations with high energy consumption.

The funds raised in this campaign will finance the installation of a biomass boiler at the José Relvas Foundation, an institution that provides important services to the community, including a retirement home, a day centre and a nursery. Currently, the foundation relies on natural gas to heat water, which represents high costs and a significant environmental impact.

With this new solution, the foundation will be able to reduce energy costs by up to 70% and guarantee an efficient and reliable supply without relying on fossil fuels.

SCIVEN's biomass boiler uses forest biomass waste to generate heat and operates autonomously and efficiently. The system includes the boiler and peripheral equipment, a fuel storage silo with an autonomy of over a month, and a technical room optimised to house the entire system.

This project will enable the José Relvas Foundation to reduce operating costs, improve energy efficiency and minimise environmental impact, guaranteeing a more stable and affordable energy supply.

What is the impact?

Direct

Contribution to the decarbonization of Portugal, avoiding CO2 emissions: Reduced emissions by changing the source of energy from gas to biomass. As of now, the José Relvas Foundation has a natural gas plant installed for the production of thermal energy to meet all the building's needs. Through the company Sciven, the Foundation will install an autonomous biomass-powered thermal plant, capable of fully meeting all the building's thermal energy needs. With the implementation of the proposed systems, it is estimated that the operation of the complex will avoid the emission of approximately 81 tons of CO₂ per year. This is equivalent to the CO2 absorption of 3.861 trees. 

Cost reduction for the end customer: The complex will overcome its dependence on fossil-based energy and its exposure to gas price volatility, enabling savings of up to 75% of current heating production costs by using renewable energy.


Indirect

Improvement of the organization's core services: the cost reduction in electricity expenses enables the association to improve their services for the community. Namely: 

  • Residential Structure for the Elderly
  • Day Centre
  • Home Support Service
  • Nursery
  • Pre-school
  • Early Childhood Intervention
  • Social Canteen

Impact indicators

81000
CO2 avoided per year
403050
clean energy
created by our projects
of sustainable
impacted

Contribution to the Sustainable Development Goals

About the Promoter

About
SCIVEN, LDA

Direct

Contribution to the decarbonization of Portugal, avoiding CO2 emissions: Reduced emissions by changing the source of energy from gas to biomass. As of now, the José Relvas Foundation has a natural gas plant installed for the production of thermal energy to meet all the building's needs. Through the company Sciven, the Foundation will install an autonomous biomass-powered thermal plant, capable of fully meeting all the building's thermal energy needs. With the implementation of the proposed systems, it is estimated that the operation of the complex will avoid the emission of approximately 81 tons of CO₂ per year. This is equivalent to the CO2 absorption of 3.861 trees. 

Cost reduction for the end customer: The complex will overcome its dependence on fossil-based energy and its exposure to gas price volatility, enabling savings of up to 75% of current heating production costs by using renewable energy.


Indirect

Improvement of the organization's core services: the cost reduction in electricity expenses enables the association to improve their services for the community. Namely: 

  • Residential Structure for the Elderly
  • Day Centre
  • Home Support Service
  • Nursery
  • Pre-school
  • Early Childhood Intervention
  • Social Canteen

Promoter website

www.sciven.com

Team

[{"id":348,"promoter_id":357,"name":"Eduardo Costa","description":"M.Sc. em Engenharia Mecânica e com uma experiência de 16 anos na gestão de projetos de engenharia. Eduardo é orador público em soluções de energia sustentável e desempenha o papel de membro não executivo do conselho de administração do Centro da Biomassa para a Energia.","link":"https://www.linkedin.com/in/eduardo-costa-40335743/?locale=en_US","role":"CEO","member_photo":"https://991934249232-prod-octobercms-public-storage.s3.eu-west-1.amazonaws.com/public/684/6d0/06b/6846d006b8d2b380441456.jpeg","avatar_id":192702},{"id":349,"promoter_id":357,"name":"Francisca Dias","description":"M.Sc. em Engenharia Mecânica, Francisca iniciou a sua experiência na SCIVEN durante os seus estudos académicos, focando-se no desenvolvimento de produtos e na qualidade.","link":"https://www.linkedin.com/in/francisca-dias-b03908206/?locale=en_US","role":"Product development and Quality","member_photo":"https://991934249232-prod-octobercms-public-storage.s3.eu-west-1.amazonaws.com/public/684/6e8/b45/6846e8b45438c617279901.jpg","avatar_id":192711},{"id":350,"promoter_id":357,"name":"Carlos Lopes","description":"M.Sc. em Engenharia Mecânica, Carlos possui uma sólida experiência na gestão de operações em indústrias de ritmo acelerado, com uma forte orientação para o desenvolvimento de negócios.","link":"https://www.linkedin.com/in/carlos-lopes-5411b2a6/?trk=pub-pbmap&originalSubdomain=pt","role":"Business Development and Client Management","member_photo":"https://991934249232-prod-octobercms-public-storage.s3.eu-west-1.amazonaws.com/public/684/6d0/fbd/6846d0fbd451b830038913.jpg","avatar_id":192705}]

Business Model

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Target

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Maximum

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