GoParity connects conscious everyday investors with small but innovative renewable energy projects that are looking to get off the ground.

Having come from the renewable energy industry in Portugal, the GoParity founders knew all too well the challenges of getting access to finance for small energy firms which tend to be ignored by traditional finance schemes and considered high risk. They also understand the desire for conscious consumers to invest in projects that matter, rather than financing high-street banks. By connecting these two needs, GoParity is able to bring finance to renewable energy projects, and provide a green and reliable return on investment for everyday people.

In a recent investment project, GoParity helped to bring an €87,000 solar project to life in Alenquer, close to Lisbon, which will deliver a 4.25% rate of return to the 54 investors who helped to fund the six month project.

Earlier this month GoParity also helped to bring SolarCoin to the Portuguese market. The blockchain-based solar energy trading platform is designed to allow communities to trade the locally generated solar energy between each other, and with a minimum investment of €50 and a return rate of 4.5%, it is both an accessible and commercially interesting prospect for the masses interested in accelerating the green transition.

Why you should care

To achieve the 2°C limit agreed by countries in the 2015 Paris Agreement, the International Energy Agency estimates that an extra $1 trillion per year is required to finance renewable energy and the green transition. GoParity makes it easy for anyone to invest in clean energy projects, with a minimum investment of just $50.

How the Global Goals are addressed

Affordable and clean energy
GoParity’s business model helps small renewable energy firms get off the ground without the barriers imposed by traditional financing models.

Industry, innovation and infrastructure
The crowd-lending model offered by GoParity is a way to increase access to affordable finance for enterprises, particularly in the saturated energy market.

Climate action
Increasing accessible funding for renewable projects can help the penetration of green energy, reducing the carbon emissions from the energy industry.