Two small business owners are helping people achieve energy independence and electricity security for their households or businesses.
“When we started, we wanted to be a green building company, building greenhouses and buildings. It was a relatively new concept in South Africa. The circular economy was not a known thing,” said Molepo the Founder and Managing Director of RRT Green Constructions. In 2014 when South Africa was hit by loadshedding Kwanda Jakalase the Founder and CEO of Silicon Energy Technology was in university.
While commercializing the meter generator, Jakalase and business partners; Randolph Meth and Asemahle Resana saw a business opportunity in solar installations and decided to add it as one of their services.The 2019 General Household Survey report by Stats SA showed that 85% of South African households and 89% of Eastern Cape households were connected to the national electricity grid.
By doing this, Silicon Energy Technology can price its products at an affordable price within the consumers' income bracket. During the pandemic, when money became tighter the business came up with a layby option to help clients afford their installations. The renewable energy market is quite challenging to get started due to the large capital needed to get started, the products are expensive and acquiring land also comes at a huge cost, and funding is not always available for the sector.
Source: Energy Industry News (energyindustrynews.net)
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