POWER, UTILITIES AND INFRASTRUCTURE Supplier development partnership Absa | Corporate and Investment Banking > Insights and Events > Renewable Energy Solutions SHARE An innovative new Supplier Development partnership between Solana Energy and Absa Corporate and Investment Banking (CIB) has ensured the democratisation of access to solar energy that will allow high-impact social initiatives to continue their critical work. Through Absa CIB’s Citizenship programme, Solana Energy has been appointed to install solar energy to identified beneficiaries over a period of 3 years with the first installation delivered at the Ma Mohau NPO orphanage, located in Ekhuruleni in the east of Gauteng. Activities at the orphanage have been significantly curtailed as the site had been impacted with 4 to 6 hours of loadshedding daily. Not only were electrical appliances affected but the water pump for the site was not able to supply clean water during interruptions. When Solana Energy arrived for the solar panel installation they found that the roof was not stable enough to hold the weight of the panels. They first had to structurally repair walls and the roof before they could proceed with the installation. Through interventions from Solana Energy, a solar system was installed, the roof of the facility was structurally enhanced and the water pump now has consistent power supply. https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 Related Articles POWER, UTILITIES & INFRASTRUCTURE INSIGHTS What Africa’s Renewable Investment Wave Requires Most Is Design There are established markets, and then there are conditions that precede them. Africa’s renewable energy sector finds itself suspended between the two – an area where assets have begun to accumulate, but where the mechanisms for scaled capital reallocation remain embryonic. Read more POWER, UTILITIES & INFRASTRUCTURE INSIGHTS Africa Is Rewriting the Rules of Clean Power – As It Plays the Game Africa holds a critical position in the global energy transition – both as a frontier for renewable deployment and as a proving ground for how legal and policy instruments can be used to mobilise capital at scale. Read more POWER, UTILITIES & INFRASTRUCTURE INSIGHTS De-Risking Africa’s Renewable Energy Agenda Every driver starts a long journey with the same question: am I prepared for potential issues? The spare tyre is checked, fluids topped up, and the route carefully mapped. Preparation is built in from the start, not improvised when conditions change. Read more
