Solar Friends
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Solar Friends

Photovoltaic plant for self-consumption.
Investment overview
Impact category
Sustainable energy
Investment type
Loan
Yearly interest
5
%
Term
60
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
C+

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Description
Impact
Financial viability
Promoter

What will you be financing?

With the motto "giving more life to the years", Liga dos Amigos da Matança is a non-profit organization (IPSS), based in Matança, District of Guarda (Portugal).

                                                

This campaign aims to fund the installation of a photovoltaic power plant for self-consumption on the premises of the Liga dos Amigos da Matança. The plant, with 37 panels of 550W and a power output of 20.35kW, will make it possible to significantly reduce electricity costs and cut CO2 emissions into the atmosphere.

The organization focuses on:

  • Creating and maintaining home support for the elderly
  • Social promotion and economic and social development of the parish of Matança
  • Cultural, recreational, and sports initiatives.

What is the impact?

Direct 

  • Contribution to the decarbonisation, avoiding CO2 emissions: With a total production of clean energy of over 30.8 MWh per year, the solar plant will avoid the emission of about 4.2 tons of CO2 per year. This is equivalent to the CO2 absorption of 192 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 

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

Impact indicators

4228
CO2 avoided per year
30859
clean energy
created by our projects
of sustainable
impacted

Contribution to the Sustainable Development Goals

About the Promoter

About
Liga dos Amigos da Matança

Direct 

  • Contribution to the decarbonisation, avoiding CO2 emissions: With a total production of clean energy of over 30.8 MWh per year, the solar plant will avoid the emission of about 4.2 tons of CO2 per year. This is equivalent to the CO2 absorption of 192 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 

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

Promoter website

http://lamatanca.pt/

Business Model

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Campaign progress

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of target

2790000

Minimum

2790000

Target

2790000

Maximum

Closed

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