Solar Shoes
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https://goparity.com/projects/solar-shoes-386

Solar Shoes

Self-consumption solar energy plant for a shoe factory.
Investment overview
Impact category
Sustainable energy
Investment type
Loan
Yearly interest
6.65
%
Term
72
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.
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https://goparity.com/projects/solar-shoes-386

Description
Impact
Financial viability
Promoter

What will you be financing?

The aim of this campaign is to finance a photovoltaic plant for self-consumption at Dominus - Fábrica de Calçado, Lda, a shoe factory in Felgueiras, Portugal.

 

The photovoltaic plant will be composed of 290 panels of 550W that will produce a total power of 160 Kwp with a group of batteries of 20 Kwh in order to reduce the component of production costs. 

The construction of the solar plant and installation of the panels will be carried out by LuzVerde, a Portuguese company with over ten years of experience in providing energy services. Luz Verde is also the installer of seven other projects funded through Goparity:  Intermarché Solar I and II, Intermarché Solar Felgueiras, Solar Paintings, Solar Car Wash, Solarize Cuba, Solar footwear factory, Solar Consultants, Solar Olives, and Solar Olives watering.

What is the impact?

Direct

  • Contribution to the decarbonization of Portugal, avoiding CO2 emissions: With a total production of clean energy of 253,8 MWh per year, the solar plant will avoid the emission of about 34,8 tons of CO2 per year. This is equivalent to the CO2 absorption of 1581 trees.
  • Cost reduction for the end customer and support local companies to a green energy transition: decentralized energy production through renewable sources, close to the place of consumption, helps to avoid distribution costs, this being the most competitive option. For this client, it represents a reduction of more than 93% of the energy cost monthly. In addition, the company's lower dependence on the national grid makes it less vulnerable to price fluctuations and tax charges.

Impact indicators

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

Contribution to the Sustainable Development Goals

About the Promoter

About
Dominus- Fabrica de Calçado, Lda

Direct

  • Contribution to the decarbonization of Portugal, avoiding CO2 emissions: With a total production of clean energy of 253,8 MWh per year, the solar plant will avoid the emission of about 34,8 tons of CO2 per year. This is equivalent to the CO2 absorption of 1581 trees.
  • Cost reduction for the end customer and support local companies to a green energy transition: decentralized energy production through renewable sources, close to the place of consumption, helps to avoid distribution costs, this being the most competitive option. For this client, it represents a reduction of more than 93% of the energy cost monthly. In addition, the company's lower dependence on the national grid makes it less vulnerable to price fluctuations and tax charges.

Promoter website

Business Model

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of target

12890000

Minimum

12890000

Target

12890000

Maximum

Closed

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