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).