Photovoltaic system for self-consumption, funded by the NextGenerationEU Funds.

Call for grant applications from the Department of Ecological Transition and Energy of the Government of the Canary Islands, for the
promotion of renewable electricity generation, self-consumption, and the decarbonization of the Canary Islands, at
the framework of the Sustainable Strategy for the Canary Islands, funded through the Recovery, Transformation, and
Resilience Plan (Component 7, Investment 2).

Our project is part of the call for proposals to promote renewable electricity generation, self-consumption, and the
decarbonization of the Canary Islands (Programs 2 and 3).

The work carried out involved the installation of a photovoltaic system consisting of 202
photovoltaic modules, each with a capacity of 460 W, for a total capacity of 92.92 kWp.

The total investment amounts to €85,832.60.

The primary objective of the subsidies is to promote the decarbonization of the Canary Islands’ electricity system, thereby
streamlining public spending and leveraging the exemplary nature of this measure. Furthermore, this transformation
would serve as an incentive for other sectors.

About Sholeo Lodges
Sholeo Lodges is a flexible lodging option in the Canary Islands that combines hotels and apartments with contemporary design, social spaces, and digital services tailored to today’s traveler.

In addition to Sholeo Lodges Maspalomas, the brand includes:

• Sholeo Lodges Las Palmas Flats
• Sholeo Lodges Los Gigantes, Tenerife

Sholeo Lodges is a project by Canarian Hospitality, a company that also owns the MYND Hotels brand and manages international hotels such as the Radisson Resort, Tenerife, and the Radisson Blu Resort, Lanzarote.