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Securing your financial future
SUN EXCHANGE
Sun Exchange is the world’s first peer-to-peer solar leasing marketplace. They leverage financial innovation and the power of the crowd to drive sustainable energy development and make the environmental, social and economic benefits of solar accessible and affordable for all.
Through the Sun Exchange online platform, anyone, anywhere in the world, can buy remotely-located solar cells and then lease them to power businesses and organisations in sunny emerging markets. Solar cell owners earn income from the electricity that’s generated, while schools, businesses, clinics and other organisations gain access to affordable clean energy, reducing electricity costs and carbon emissions.
The company's legal name is Sun Exchange Inc and is located at 192 Main Rd, Muizenberg, Cape Town, South Africa. It's founder's and current CEO is Mr. Abe Cambridge who has an academic background in climate change science. His studies led him to the conclusion that the solution is to transition the world away from fossil fuels and towards solar power, the most deployable, affordable and accessible type of renewable energy.
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After six years of building and running a solar panel installation company in the UK, Abe moved to South Africa in 2014 to work as a solar engineering consultant. It during this period that Sun Exchange was created.
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Abe learned how to use cryptocurrency to send money back home to the UK and soon discovered that the technology made moving money around the world incredibly fast, easily and inexpensive.
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It was this realisation that sparked the idea for Sun Exchange - universal peer-to-peer solar cell leasing. After nearly two years of developing Sun Exchange in his spare time, in November 2015, Abe quit his day job and set off on a mission to close the solar funding gap by connecting the world to the sun.
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Sun Exchange has over 20,000 institutional and individual members in 178 countries who have invested in solar power projects for schools, businesses and organizations throughout South Africa, they are also producing 4.5 million Kwh from 1.059 million operating solar cells, according to company data.
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Sun Exchange plans to enter new markets. “We’re going to expand into other Sub-Saharan African countries. We’ve got some clear opportunities on our roadmap,” Cambridge said, referencing Nigeria as one of the markets Sun Exchange has researched.
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It is clear to see that this is not just a novel concept but a very sustainable and eco-friendly solution through the use of efficient technologies and most importantly where the sun shines 99.9% of the time.
The use of crypto currency to enable anyone across the world to access this opportunity is commendable, whilst still maintaining traditional forms of payment such as Visa debit or credit cards and wire transfers.
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It did not take me very long to conclude that this company is destined to change the world for the better starting with continental Africa. The cost of entry into the investment is very low and the rates of return of investment ranges from 12% to 17% depending on the size and economic variables of the various solar projects. In addition, being paid monthly over a 2o year period is phenomenal. I especially like the confidence Sun Exchange gives to its investors by ensuring every project is covered with insurance and contracts are issued to investors to cover the period of the lease.
CURRENT PROJECTS
Outerwest Recycling Plant | 365.04 kW | Camperdown, South Africa
Today, people across the globe are increasingly aware of the importance of minimising plastic waste for the sake of wildlife and environmental sustainability. While efforts to reduce our overall reliance on plastics are essential, it’s equally important to find innovative ways to recycle and reuse the plastics that we inevitably continue to rely on for certain essential items.
Polypropylene (PP), a common rigid plastic favoured for items like shampoo bottles and food containers, is notoriously prevalent in our day-to-day lives and historically difficult to recycle.
Outerwest Recycling Plant in Durban, in South Africa’s KwaZulu Natal province, is stepping up to the challenge and preventing 200 tonnes of plastic per month from ending up in landfills, where it would take approximately 20-30 years to decompose.
After collecting, sorting and cleaning PP products, Outerwest Recycling Plant reprocesses it by melting the polypropylene at approximately 2,400 degrees celsius, running it through water, and cutting it into pellets that are then used to create new products.
Buying solar cells to power Outerwest Recycling Plant is a great way to build a more sustainable future and earn with purpose for 20 years.
CURRENT PROJECTS
Nhimbe Fresh - Water Pumps | 1.02 MW + 2.375 MWh Battery Storage | Marondera, Zimbabwe
Following the success of the first Nhimbe Fresh crowdsale, the second phase of the Nhimbe Fresh project will power their pump sites. Nhimbe Fresh is an agriculture leader in Marondera, Zimbabwe, that supplies the world’s supermarkets with berries, stone fruit, and vegetables, relying heavily on an uninterrupted power supply for their irrigation systems.
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Nhimbe believes that in order to be a sustainable company, they first and foremost need to take care of their workforce, surrounding communities and the environment. Nhimbe Fresh employs up to 1,500 individuals from the surrounding area. A unique outgrower scheme provides neighbouring smallholder farmers with crops, inputs and mentoring as well as access to an international market. This enables outgrower farmers to become bankable and able to participate in the local economy.
Nhimbe further embodies its dedication to its employees and community by supporting the local wives and women in basket weaving, providing health care and education to workers’ families, and assisting employees in securing housing for retirement.
In purchasing solar cells for this crowdsale, you will drastically reduce your carbon footprint and support Nhimbe Fresh in its mission to grow as a company that is environmentally and socially sustainable.
