We can help you link with funding for RE projects.
There are various finance solutions available for either home or commercial applications.

​SAAEA have partnered with international financiers for Small to Medium sized Businesses (SMEs) across Africa.
We aim to free up capital as well as reduce carbon emissions. Our uniquely innovative product's reduces costs, provides liquidity and generates maximum long term value. The models provides electricity at a lower tariff than the businesses existing tariff, generating immediate cash savings whilst only paying for power you use. Solar equipment, batteries and diesel generating backup also covered.

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The British High Commission together with the NBI and GreenCape launch Climate Finance Accelerator in South Africa and open call for proposals.

A new innovative Climate Finance Accelerator (CFA) programme was launched today, which supports South Africa’s efforts to implement its Nationally Determined Contributions (NDCs) by bringing together stakeholders that can develop and finance climate projects at scale.

The next ten years represent a critical decade for the planet. We must take rapid action if we are to meet the goals of the Paris Agreement and limit global warming to 1.5 degrees. The NDCs are country pledges which are at the heart of the Paris Agreement and embody efforts by each country to reduce national emissions and adapt to the impacts of climate change.

The CFA is a global technical assistance programme, funded by the UK Government’s International Climate Finance. It directly responds to the urgency and scale of the climate crisis by supporting highly promising climate projects to become more bankable and appealing to investors, so that they can secure funding more readily. The CFA approach addresses the fact that there is money available for climate finance, but it is often difficult for it to flow to the places where it is needed.

The global programme is delivered by PwC, in collaboration with Ricardo. The National Business Initiative (NBI) in partnership with GreenCape have been appointed as the national delivery partners for the CFA South Africa.

A call for proposals is now open for low carbon projects seeking finance. Developers with low-carbon projects looking for funding are invited to apply to take part in the CFA South Africa.

By engaging with the CFA programme, project developers can benefit from:

Access to investors
Coaching and best practice insights
Networking opportunities
Increased visibility
Achieving low carbon project objectives​

​Acting British High Commissioner, Adam Bye says: “The UK recognises the challenge of ensuring adequate development and private sector finance is available to fund climate projects linked to national climate commitments. I am delighted that, in addition to our significant direct support, we are launching the CFA to help improve the flow of finance to support South Africa’s NDC, helping reduce emissions, support just transition and raise climate ambition”.

The financing available and the capacities to deliver the NDCs vary across different countries, something that the NBI and GreenCape have worked to address in South Africa over the past few years.

The NBI’s CEO, Joanne Yawitch, explains: “South Africa requires a clear pathway to financing and implementing its climate targets as part of achieving a just transition for the country. This transformation must involve a country-driven shift toward policies and technologies that catalyse new investments and mainstream climate change into existing systems, as articulated in our climate commitments.”

Mobilising finance to support the low-carbon transition is one of the four key goals for the UK’s COP26 Presidency this year. Through climate finance, the UK is committed to supporting the development of a high-performing and climate-resilient economy in South Africa, both as a climate response and to ensure it remains competitive in a low-carbon global economy.

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There are various finance solutions available for either home or commercial applications.

​SAAEA have partnered with an international rooftop financiers for Small to Medium sized Businesses (SMEs) across Africa.
We aim to free up capital for businesses as well as reduce carbon emissions. Our uniquely innovative product reduces costs, provides liquidity and generates maximum long term value for companies. The model provides electricity at a lower tariff than the businesses existing tariff, generating immediate cash savings whilst only paying for power you use
Projects from 50KW to 2MW Rooftop and Ground mounted.
Installations can be done by approved or appointed EPC contractors.

- Pay only for the power generated
- No bank funding required
- Early settlement
- Simple agreement
- No maintenance or operational risk
- Ownership transfer 

​They will operate and maintain the solar PV system supplying solar PV electricity either at a discount to the prevailing grid tariff for a term up to 13 years, or at a premium to obtain an accelerated payback over a shorter period.
The flexibility of the model being adapted to our customer's unique requirements enables companies to benefit from cheap solar PV power, and to utilise green energy, without being distracted from core business activities.
They will take operational and solar risk on the system during the contract term. Clients pay only for the power generated.
At the end of the contract term customers have the option of continuing to utilise the system or to take ownership of the solar PV system at no additional cost.
​

​Contact us for more info..... +2771 637 8466   alwyn@saaea.org

A leading South African bank is forecasting “exponential growth” for the country’s small-scale embedded generation (SSEG) market in the coming few years, having already committed to funding project pipelines worth more than R1-billion, mostly in the form of rooftop solar.

Nedbank CIB energy finance principal Duncan Abel tells Engineering News that the market has already expanded materially from close to zero only five years ago, in spite of ongoing regulatory uncertainty. Liberalisation of the grid, wheeling and battery storage will further fuel rapid growth, he asserts.

The bank is also a leading financier to South Africa’s utility-scale renewable energy programme, with over R35-billion committed to funding such projects.

The growth in SSEG has been underpinned by a sharp fall in the cost of solar photovoltaic (PV) technology in particular, as well as a desire among South African companies for tariff certainty in a context of ongoing, above inflation, Eskom hikes and load-shedding.

In addition, many SSEG deployments, particularly those being undertaken by multinationals operating in South Africa, are increasingly motivated by internal decarbonisation targets and commitments to the United Nations Sustainable Development Goals.

Abel says there is significant pent-up demand for small-scale deployments, which have hitherto been restricted mostly to sub-1 MW projects, owing to regulatory uncertainty regarding the licensing of larger plants.

Even absent any possible change to the regulations, Abel anticipates that demand will continue to increase strongly.

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The European Investment Bank has a draft policy currently being considered that would end all of their fossil fuel financing beyond 2020. The draft is due for a decision this fall.

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​IRENA and SEforALL and UNDP announce partnership in coordination with Green Climate Fund to advance low-carbon energy transition and raise climate ambition

New York, NY, 22 September 2019 – In response to country needs to mobilize low-carbon, climate-resilient investments, a new global public good announced today will aim to increase the flow of capital in developing countries to meet climate ambitions. The Climate Investment Platform (CIP) is an inclusive partnership welcoming all stakeholders from governments and international organizations to the private sector to scale-up climate action and translate ambitious national climate targets into concrete investments on the ground.
 
With energy accounting for two thirds of total greenhouse gas emissions, the platform’s first service line is dedicated to the global transition to clean energy. Other service lines, such as adaptation, land use, cities and infrastructure will be launched in the first quarter of 2020. By decluttering and streamlining support to developing countries, the platform aims to accelerate action and advance climate investment in developing countries. Progress will be presented at UNFCCC COP 25 in December 2019.

The service offered by the CIP covers four key building blocks along the climate finance value-chain: supporting governments to specify ambitious energy targets and scale up their nationally determined contributions (NDCs), establishing well-designed, implemented and enforced clean energy policies and regulations, financial de-risking of energy projects, and a market-place to connect clean energy investors and project sponsors.
 
“The Climate Investment Platform is a crucial initiative that will simplify access to climate finance. It will catalyze investment for mitigation and adaptation in developing countries, supporting those most in need of climate action,” said Green Climate Fund Executive Director Yannick Glemarec.

“Renewable energy is the most effective and ready solution to rising carbon emissions. Together with energy efficiency, they can deliver 90 per cent of the emission reductions needed under the Paris Agreement, but investment and deployment must increase significantly,” said IRENA Director-General Francesco La Camera. “This partnership combines the strengths of the respective organisations to deliver tailored, proactive policy and investment support to set the energy transformation on a climate-safe path.

  “Finance is the lynchpin to achieving Sustainable Development Goal 7 and countries’ Paris Agreement commitments. However, the evidence is clear that global investment is dramatically off track to meet universal access to energy by 2030,” said Rachel Kyte, CEO and Special Representative of the UN Secretary-General for Sustainable Energy for All (SEforALL). “The Climate Investment Platform will help bridge the gap between supply and demand to accelerate capital and scale up climate resilient investments, allowing countries to raise their climate targets and develop policy environments that allow investment to flow.”

 “A powerful partnership of key institutions in the energy sector, the Climate Investment Platform will help to accelerate system-wide change and deliver co-benefits across the Sustainable Development Goals (SDGs) – from employment and economic growth to reduced inequalities and improved health.” said UNDP Administrator Achim Steiner.

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Imagine a world where your travels didn't harm the environment and the fuel used in planes had a lower carbon footprint? This is the world we aspire to create.

The Waste to Wing Incubator, an 18-month initiative for 25 SMEs that will consist of interactive entrepreneur-led business workshops, mentorship, access to market, and investment readiness support for selected participants. 

The Waste to Wing project aims to prove the feasibility of a waste-based Sustainable Aviation Fuel industry in South Africa - it has been investigating the use of waste biomass as a feedstock for SAF production, which could revolutionise the aviation industry and reduce our flying carbon footprint. 

Eligibility Criteria
SMEs must be operational for more than 1 year
The business should be operational, sustainable and viable
The owner should be involved full-time in the business
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The project is funded by the EU and forms part of the Switch Africa Green Programme, which is implemented by the EU and UN Environment. 

​Apply here.....
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