WiSolar aims to power more than 1 million South

Global Courant 2023-05-22 18:54:59

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South Africa is grappling with the problem of erratic electricity with its most severe power cuts to date. The unreliable power supply has hampered economic growth and development, leaving many households and businesses struggling to access reliable and affordable energy. However, WiSolar, a green digital energy provider based in South Africa, is seeking to change this narrative by providing on-demand solar power that can power more than 1 million homes in South Africa.

Environmental impact and radiative forcing are also a consideration as South Africa transitions from fossil fuel-based energy to renewable and cleaner sources.

According to the IEA World Energy Outlook Report, providing access to electricity for all will require an annual investment of $52 billion per year by 2030, equivalent to only 0.2% of global GDP.

Journal One Earth published: “The world’s largest fossil fuel companies owe at least $209 billion annually in climate reparations to compensate communities most damaged by their polluting activities and decades of lies, a new study calculates.

BP, Shell, ExxonMobil, Total, Saudi Arabia’s state oil company and Chevron are among the top 21 polluters responsible for $5.4 trillion (£4.3 trillion) in droughts, wildfires, sea level rise and glacier melt, among others climate disasters expected between 2025 and 2025. 2050”

According to WiSolar founder and CEO Tonye Irims, the company is concerned about the electricity challenges faced by the masses in South Africa and is ready to step in to provide affordable and green digital energy.

Irims noted that the intervention by South Africans will be without upfront payment as the company will install the solar system for homeowners.

“WiSolar’s mission is to accelerate renewable energy adoption in South Africa and other parts of Africa by providing affordable and reliable solar energy. The company wants to help address the lack of access to energy in South Africa.

“The on-demand service primarily focuses on a PPA (Power Purchase Agreement) business model where WiSolar installs and maintains a solar system at a customer’s home and then sells power to the customer through the app as required per kWh for a period of 20 or 25 hours. year term. This business model allows property owners to install solar with no upfront cost,” Irims said.

Irims also said the company is targeting eligible residential areas and affordable residential communities in South Africa for prepaid solar power, adding that the system will reduce the burden of residential taxes on the national grid and will also be cheap for users.

“The company uses a combination of solar panels, energy storage and smart energy management systems to provide its customers with clean and sustainable energy.

“Developers and homebuilders of new and existing homes can talk to us about installing our prepaid solar electricity systems in their residential clusters,” said Irims.

To meet its goal of powering more than 1 million homes in South Africa, WiSolar will work with local communities, businesses and governments to implement its solar energy solutions. The project will demonstrate the potential of solar energy solutions to provide reliable and affordable electricity to households and businesses.

In addition to providing solar energy solutions, WiSolar also invests in local training and capacity building programs to help create jobs and promote entrepreneurship in the renewable energy sector. The company is committed to empowering local communities to become self-sufficient in energy production and management, which can deliver significant economic and social benefits.

The on-demand solar electricity platform is available in South Africa, Nigeria and Zimbabwe with plans to enter Australia.

WiSolar aims to power more than 1 million South

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