News Formal

South African solar power company pays investors in crypto | Fin24

  • 📰 News24
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 80%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

When Abraham Cambridge flew to South Africa in 2014, he was struck by how few solar panels he saw in a sunny country with unreliable electricity. | News24_Business

Sun Exchange invites investors to buy solar cells, a constituent part of panels, for as little as $4, at a project of their choice.

Soon after, he started the Sun Exchange, a company that crowdfunds the installation of panels, eliminating the need for customers to raise the often prohibitive amount of money needed to buy and install equipment. Sun Exchange invites investors to buy solar cells, a constituent part of panels, for as little as $4, at a project of their choice. The customers who receive the renewable energy still pay a fee over a 20-year contract, but the cost is below what would have been charged for electricity from the grid.

"The earnings generated since then equate to 23% of my initial investment. It's a genius operating model." One customer, Eric Brown, owns a remote farm in the semidesert Karoo region that isn’t connected to the grid. He's relied on diesel generators, but in September he switched to solar. He expects his power costs to fall more than 60%.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 4. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

_Business Everything makes sense when you are told the ANC is in charge

_Business He’s 💯

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Gold Fields surges as acquisition target Yamana gets 'superior offer' | Fin24Shares of Gold Fields jumped by double digits on Friday afternoon, which came as acquisition target Yamana Gold said it had received a superior offer from Agnico Eagle Mines Limited and Pan American Silver. | News24_Business
ソース: News24 - 🏆 4. / 80 続きを読む »