Why did you start Sun Exchange?
I came to South Africa from England to work as a solar financial adviser in 2014. At the time, I was struck by the poor adoption of solar technology, which I later realised was because of the absence of subsidies, government incentives and funding solutions. To help solve the situation, I launched Sun Exchange in 2015.
How does it work?
Sun Exchange is a crowd-based solar leasing platform, where people and businesses around the world unite to enable solar power for schools, non-profit organisations, farms and other smallto-medium sized organisations in South Africa.
A crowd sale of solar cells for each unique solar project takes place through thesunexchange.com, where anyone, anywhere can buy cells online for a limited time.
The cells are leased to a solar project once all the cells for that project have been purchased. Solar cell owners then generate a passive income from the solar power they produce, while the organisations they power gain access to simple, affordable, reliable and clean energy.
How has the business grown since