Solar microleasing company Solar Exchange has committed to being a key partner in providing solar power for several Western Cape Education Department schools. Protea Heights Academy will be the first school to receive the roll out. This is the eighth Sun Exchange project in South Africa. The previous seven projects have already been successfully deployed and are generating affordable, clean power for organisations across South Africa while providing solar-cell owners an income.
How it works:
This project provides an opportunity for people across the globe to own and lease solar cells to innovative, future-minded and sustainability-oriented schools like Protea Heights Academy. People can buy the solar cells that will go on to power the business or community of their choice. People can pay by local or international bank transfer or by bitcoin. Through this, the schools can save money on their electricity bills, allowing for more money to go towards educational resources.
“Not only does this help schools save money in the short term, it also provides schools with some immunity against future electricity tariff hikes from State-owned power utility Eskom,” Sun Exchange founder and CEO Abraham Cambridge said.
“The solar project supports the school’s goal to produce global citizens who embrace the United Nations Sustainable Development Goals. Having the world come to our school, through investment, is a massive achievement. Sun Exchange and its members are helping us make that transition by making solar accessible and affordable,” says Protea Heights Academy principal Wendy Horn.
“By providing solar power for schools across Africa, we are driving this transition while showing future generations what is possible through technology innovation. We are delighted to be working with the Western Cape Department of Education and the Western Cape Ministry of Economic Opportunities to make clean power accessible to Protea Heights as the first of the Western Cape schools and many more schools to come.”
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