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 Power Trading to Surge in African Renewables Renaissance The African energy market is maturing and becoming increasingly de-centralised as renewable energy projects have surged. Read more POWER, UTILITIES & INFRASTRUCTURE INSIGHTS The hidden value of waste in the renewable energy ecosystem “China's manufacturers are pumping out so many solar panels that the resulting global glut has caused prices to tank. Solar panels — 80% of which are made in China — are so cheap that they're now being used to line garden fences in Germany and the Netherlands”. Read more EVENTS Africa Energy Forum 2024 Collaborating with our clients to enable the next generation of sustainable renewable energy transition, is a story we are proud to be part of. Read more
