Solar Nursing Home

Solar power for self-consumption in a non-profit nursing home in Portugal.

Investment overview

Impact category

Sustainable energy

Investment type

Loan

Yearly interest

Term

months

Risk level

What will you be financing?

The goal of this campaign is to finance the acquisition and installation of an 11,88kWp photovoltaic system for self-consumption and the replacement of conventional lighting for LED lighting in the São Cristóvão Parish Social Centre, a non-profit institution in Alentejo (Portugal) that provides social services for the elderly and the surrounding communities.

Both the LED system and the solar power plant (consisting of 36 modules of 330 Wp) will allow for significant energy savings in comparison with the current consumption. As solar power becomes less and less expensive, the better the business case for producing electricity for self-consumption, especially in regions with high sun exposure such as Alentejo.

What is the impact?

Direct:

Switching to LED lighting will generate savings of around 53% on current electricity costs (5.445 kWh/year). At the same time, the photovoltaic system for self-consumption will allow for the production of around 52% of the energy consumed locally, accounting for total energy savings of around 25,4MWh per year (the rough equivalent of 9 Portuguese households’ consumption). This corresponds to avoiding the emission of 7 tonnes of CO2 to the atmosphere every year or to planting 305 trees. Moreover, this will allow the institution to invest the savings in improving its social care services.

“My days have a different meaning here. In the nursing home, I always have things to do, people who understand me and who take good care of me”, said an elderly person from São Cristóvão Parish Social Centre

Impact indicators
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5200

CO2 avoided per year

20000

clean energy

created by our projects

of sustainable

impacted

Contribution to the Sustainable Development Goals
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About the Promoter

About

Centro Social Paroquial de São Cristóvão

Direct:

Switching to LED lighting will generate savings of around 53% on current electricity costs (5.445 kWh/year). At the same time, the photovoltaic system for self-consumption will allow for the production of around 52% of the energy consumed locally, accounting for total energy savings of around 25,4MWh per year (the rough equivalent of 9 Portuguese households’ consumption). This corresponds to avoiding the emission of 7 tonnes of CO2 to the atmosphere every year or to planting 305 trees. Moreover, this will allow the institution to invest the savings in improving its social care services.

Promoter website

http://cspsaocristovao.pt/

Business Model
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