Tax-leveraged alternative investment company Anuva Green Energy is actively seeking additional partnerships with industry experts, and reputable engineering, procurement and construction solar companies to deploy surplus funds to green energy projects in existing portfolios and pipeline projects in the agricultural, commercial and industrial sectors and the residential space.
In a bid to curb the energy crisis in South Africa and keep up with the rising demand for solar energy, the company has forged strategic partnerships with several top solar energy companies to provide capital, raised through its Green Energy fund, to finance solar projects.
The impact of loadshedding on the country's economy has been significant with losses estimated to be in the billions of rands.
“We saw the potential of collaborating with specialists in the field to help fund green energy projects to meet this growing demand, and with 53 projects currently in our portfolio, valued at R325-million, we are amped about what additional funding into solar projects means for the future,” says Anuva Green Energy head Zane de Decker.
Collaboration is key to finding innovative solutions to the country's energy crisis and it is excited to explore new partnerships in the future.
“By working with more solar energy experts, we can expand our investment portfolio and help fund even more projects across South Africa,” he explains.
The solar companies that partnered with Anuva Green Energy are industry leaders, providing innovative solutions and expertise to South Africa's energy crisis, he notes.
“Through these existing partnerships, we have been able to allocate capital raised via our green energy fund to back existing solar projects and projects under construction, which is beefing up supply, stimulating job creation and will ultimately go a long way to assist in reducing the country's dependence on non-renewable sources of energy,” he adds.