SOLAR DRIP IRRIGATION – 6th tranch founded

The project is the continuation of the success story from Morocco – we are now financing the sixth tranche of “solar drip irrigation in Morocco”. As with the previous fifth installment, we could again achieve the support of the non-profit organization atmosfair gGmbh. atmosfair gGmbH is supporting the project with €350,000. Again, 60 more systems will be built with the investment and then put into operation by the local farmers.

The loan conditions are as follows: Funding total €310,000 | 6.5% interest | 5 year term | Interest and repayment are paid annually

Attached also the link to the legally required asset information sheet (Vermögensinformationsblatt).

Visit to the solar power systems for drip irrigation in Morocco

The project “solar drip irrigation Morocco” is a great success! On May 3rd the 6th tranche of the project was launched: again about 60 solar power systems will be built. 219 solar power systems for drip irrigation with a total output of 2.6 MWp and an investment volume of almost €2.3 million have already been successfully financed and built since the end of 2017.

The systems are leased to the farmers, who pay a monthly rent that is about the same as what they previously had to pay for diesel or butane gas. After 6 years the ownership of the plant is transferred to the farmers and from now on they produce electricity free of charge. The monthly payments are made on time and so far there has not been a single payment default! So far monthly payments are made in time and not a single payment has been default!

Operator of the solar installation is for the first 6 years Solar Future S.A.R.L., a joint venture between the Austrian-born managing director Erich Wörle, who manages the company, and the German Solar Future Maghreb GmbH & Co. KG, which collects the crowdfunding funds and forwards them to Morocco.

The project is supported by the climate protection organization Atmosfair since 2020. Atmosfair collects donations for CO2 reduction and invests them in projects that save CO2. All Atmosfair projects are certified according by the Gold Standard and the Gold Standard certification for our solar drip irrigation project has been successfully completed this year.

As part of the Gold Standard certification, a map of all solar power systems that Atmosfair helped build was also created. But are the plants really where they should be according to the map? A delegation from GreenVesting, Atmosfair and the German Solar Future Group was sent to Morocco to investigate this question in May. The team, led by Erich Wörle, started in Marrakesh, crossed the Atlas and visited a total of around 20 randomly selected facilities near the cities of Tinghir, Tinejdad, Errachidia and Boudnib on a round trip. The total distance covered was 1,200 km, which corresponded to around 22 hours of driving time.

In fact, all facilities could be found at the given coordinates, only one facility was located about 100 m away, which could be adjusted in the documentation. It was possible to speak to some of the farmers. They were pleased with the savings in fuel costs and the reduced labor for procurement and transport. After five days of driving, the group returned to Marrakech exhausted and satisfied.

Solar drip irrigation Morocco – 5. tranche online

We proudly present today our exciting new project on the GreenVesting crowdfunding platform: 60 additional solar power installations for drip irrigation shall be installed with the help of the GreenVesting crowd investors and the climat protection organization Atmosfair (www.atmosfair.de).

The project is being offered by our companies SolarFuture Maghreb and and Solar Futur S.A.R.L. in Maroc and is already the fifth tranche. The companies have already successfully founded four tranches in recent years and have successfully installed over 150 drip irrigation systems to date. The latest tranche involves the acquisition of a further 60 solar power systems to replace the diesel and gas engines previously used. Find out more about funding here:

Attached also the link to the legally required asset information sheet (Vermögensinformationsblatt).

Morocco tranche 4 online since 9.4.21

Funding for tranche 4 started on 9.4.21. The customers accepted the project very well. After just 3 days € 84 thousand was funded, and after 10 days almost half of the funding amount (€ 145 thousand). Currently 2/3 of the funding sum have already been reached.

The last plants from tranche 3 will be installed this month. For tranche 4, there are already expressions of interest from 30 customers in the Drâa-Tafilalet region.

The gold standard CO2 certification of the project by the climate protection organization Atmosfair is progressing. As part of the mandatory stakeholder consultation, 60 stakeholders from the areas of Local People, Local Policy Makers, National Government, Local NGOs, Gold Standard Representatives and relevant international NGOs were written to at the end of April and asked to give their comments on the project.

The first payment from Atmosfair for tranche 4 was made today, so that construction of the systems from the new tranche can begin in June.

Attached also the link to the legally required asset information sheet (Vermögensinformationsblatt).

Tranche 3: Funding Goal Reached

Tranche 3: Funding Goal Reached

300’000 € collected via crowdfunding plattform www.greenvesting.com

The third tranche of the successful crowdfunding project “Solar Drip Irrigation in Morocco” has been funded. The funding target of € 300,000 was reached today.

19 of the up to 50 planned projects have already been installed and put into operation. The solar power systems are financed through hire purchase. The systems remain property of the operating company Solar Future S.A.R.L Morocco until they are fully paid by the farmers.

The project is supported by the climate protection organization Atmosfair with an additional 150,000 €. Atmosfair collects this money as donations, which are donated by private individuals and companies to offset CO2 emissions and to promote climate protection projects

By 2024, up to 350 solar power systems for solar drip irrigation are to be built in cooperation with the crowdfunding platform GreenVesting and Atmosfair.

Solar Drip Irrigation Morocco, tranche 3 starting now!

Solar Drip Irrigation Morocco, tranche 3 starting now!

Solar Future proudly presents:

Crowdfunding project for up to 50 new solar installations for drip irrigation in the dessert region of Drâa Tafilalet. The solar installations are available in two sizes: 9.72 kWp for a 5.5 kW pump and 14.58 kWp for a 9.2 kW pump. The crowd funding campaign on the crowd funding platform greenvesting.com has just started!.

Invest now!

We are pleased to be able to offer you the third installment of the Solar Drip Irrigation Morocco project for investment. We are proud to inform you that we could establish a partnership with the climate protection organization atmosfair gGmbH and can therefore offer up to 50 PV systems at discounted terms thanks to a low-interest loan from atmosfair.

With this tranche we want to establish the tried and tested system of hire purchase of solar power systems in the structurally weak desert region Drâa Tafilalet, in order to create added value for the environment and the people living there. We are striving for more favorable conditions than before to give selected, often very poor, farmers the opportunity to irrigate their plantations in a sustainable and climate-neutral way. So far, the pumps have been operated with butane gas or diesel, which in addition to the fuel costs also causes work for the transport of the gas bottles and diesel canisters. If a family e.g. due to illness comes into financial difficulties, the income of the family is often no longer sufficient to irrigate the entire plantation and valuable date plants can no longer be watered sufficiently. A solar power system not only relieves the environment, but also the farmers’ wallets and sufficient irrigation of all fields can be ensured thanks to water-saving drip irrigation.

By installing a solar power system, the economic situation of a family can be stabilized and improved in the long term. Physical and financial burdens are reduced.

If the crowdfunding project is successfull, Solar Future S.A.R.L. also sponsors a solar power system for a water point in the desert, which will be made available to nomads and their camels free of charge in the future.

As a small thank you, investors who invest € 5,000 or more in this project will also receive an overnight voucher for two people for two nights at the Caravane Rose du Sable caravanserai in Mhamid.

Invest now at 6.5% interest with a term of 5 years in this sustainable project and help Moroccan farming families to environmentally friendly and resource-saving solar irrigation of their plantations!

Invest now!

Attached also the link to the legally required asset information sheet (Vermögensinformationsblatt).