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 PUBLIC SECTOR Why Budget 2025 Must Reignite SA’s Industrial and Services Sectors At the inception of South Africa's sixth administration in 2019, government took a bold decision to replace the annual Industrial Policy Action Plans (IPAPs) with sector-specific master plans. Read more RESOURCES AND ENERGY Evolving Supplier Development Alongside the Future of African Mining In the late '80s, Anglo American pioneered an innovative supplier development model in South Africa. Read more PUBLIC SECTOR It’s a Go for Governance: How Banks can responsibly connect Global Donor Organisations and SMEs Almost five years since that first terrifying lockdown, small and medium enterprises (SMEs) across the African continent are still feeling the impact of the global pandemic. Read more
