Page 26 - U4SSC Compendium of practices on innovative financing for smart sustainable cities projects
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• The receptivity of the community, and the society as a whole, to the project was positive.
The relationship with sponsors and other institutional partners was also a success, which
demonstrates that there are resources available in the market to finance the expansion of the
model.
• Although funding from sponsors for the expansion of the model in the short term exists, it
comes in a limited scale.
• A closer relationship with the local utility is fundamental for the success of projects of this type.
Figure 3: The first solar energy cooperative in the Rio Favela informal settlements (Brazil)
Photos/Illustrations
Contact information
Name: Eduardo Varella Avila, Executive Director, Revolusolar
E-mail: eduardo.avila@ revolusolar .com .br
Phone: +55 21 99915 8583
Company: www .revolusolar .com .br
14 Compendium of practices on innovative financing for SSC projects | January 2023
