Solar Cork

Solar self-consumption energy system for a cork factory.

Investment overview

Impact category

Sustainable energy

Investment type

Loan

Yearly interest

7.26

Term

months

Risk level

What will you be financing?

Teixeira Tech specializes in building machinery and processing equipment for the cork industry, with a focus on moving towards more sustainable production practices.

This campaign aims to fund the installation of solar panels, to achieve energy self-sufficiency and reduce the company's environmental impact.

The project includes a photovoltaic plant for self-consumption, with a power output of 80kW/80.5kWp and a anual production of 106.3MWh.

What is the impact?

Direct

Contribution to the decarbonization of Portugal, avoiding CO2 emissions: With a total production of clean energy of over 106 MWh per year, the solar plant will avoid the emission of about 9 tonnes of CO2 per year. This is equivalent to the CO2 absorption of 416 trees.
Cost reduction for the end customer: decentralized energy production through renewable sources, close to the place of consumption, helps to avoid distribution costs, this being the most competitive option. In addition, the company's lower dependence on the national grid makes it less vulnerable to price fluctuations and tax charges.

Indirect

Promoting sustainable business: the project developed for Teixeira Tech is an example of the applicability of solar power for any business, and in this case serves as a benchmark to similar industries, an important step towards sustainability for businesses in Portugal.

Impact indicators
‍

9142

CO2 avoided per year

106300

clean energy

created by our projects

of sustainable

impacted

Contribution to the Sustainable Development Goals
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About the Promoter

About

TEIXEIRA TECH,SA

Direct

Contribution to the decarbonization of Portugal, avoiding CO2 emissions: With a total production of clean energy of over 106 MWh per year, the solar plant will avoid the emission of about 9 tonnes of CO2 per year. This is equivalent to the CO2 absorption of 416 trees.
Cost reduction for the end customer: decentralized energy production through renewable sources, close to the place of consumption, helps to avoid distribution costs, this being the most competitive option. In addition, the company's lower dependence on the national grid makes it less vulnerable to price fluctuations and tax charges.

Indirect

Promoting sustainable business: the project developed for Teixeira Tech is an example of the applicability of solar power for any business, and in this case serves as a benchmark to similar industries, an important step towards sustainability for businesses in Portugal.

Promoter website

https://teixeiratech.pt/

Business Model
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