Solar Bakery

Solar energy for self-consumption in a traditional bakery, in the north of Portugal.

Investment overview

Impact category

Sustainable energy

Investment type

Loan

Yearly interest

4.5

Term

months

Risk level

C-

What will you be financing?

The funds raised through this campaign will be used to fund the installation of a solar photovoltaic plant for self-consumption in a Portuguese traditional bakery. The 281 solar panels will have an estimated annual production of 146,4MWh a year and a total power of 80 kWp.

The construction of the solar plant and installation of the panels will be carried out by Luz Verde, a Portuguese company with over ten years of experience providing energy services. LuzVerde is our project promoter for five successfully funded projects: Intermarché Solar I e II, Tintas Solares Felgueiras, Solar Car Wash e Solarize Cuba.

What is the impact?

Direct:

Reduced dependence on carbon-based fuels: with an estimated annual production of 146,4 MWh, the central will avoid the emission of 37,8 tons of CO2 a year, the equivalent to planting 1.718 trees.

Indirect:

Cost-reduction for the end-client: this decentralized electric energy production, located near the consumption site, reduces the distribution costs, making the renewable energy option more attractive and cost-competitive than the national grid. In addition to this, the lower dependence on the national grid reduces the company’s exposure to price fluctuations.

Impact indicators
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29700

CO2 avoided per year

146400

clean energy

created by our projects

of sustainable

impacted

Contribution to the Sustainable Development Goals
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About the Promoter

About

Sociedade Panificadora Central de Lousada Lda

Direct:

Reduced dependence on carbon-based fuels: with an estimated annual production of 146,4 MWh, the central will avoid the emission of 37,8 tons of CO2 a year, the equivalent to planting 1.718 trees.

Indirect:

Cost-reduction for the end-client: this decentralized electric energy production, located near the consumption site, reduces the distribution costs, making the renewable energy option more attractive and cost-competitive than the national grid. In addition to this, the lower dependence on the national grid reduces the company’s exposure to price fluctuations.

Promoter website

https://www.facebook.com/PadariaCentraldeLousada

Business Model
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