Democratising solar power - Gosolr’s R1740pm solution, no capital upfront

Loading player...
The private sector has jumped into the opportunity presented by load-shedding and the SA government’s belated opening up of electricity supply. Marker-leading Gosolr is installing thousands of no-upfront-capital solar solutions into middle-income and upwards households, currently adding 10MW monthly. CEO Andrew Middleton, a trained actuary and former investment banker, says Gosolr’s target is injecting 500MW into the grid within three years - a number which would remove half a load shedding stage. He spoke to Alec Hogg of BizNews. Learn more about your ad choices. Visit megaphone.fm/adchoices
14 Jun 2023 12AM English South Africa Investing · Business News

Other recent episodes

Joburg audit setback exposes R9.5bn bad debt burden

Johannesburg’s financial crisis is deepening, with the Auditor-General revealing R9.5 billion in losses driven largely by electricity theft, water leaks and weak governance. An infrastructure backlog now estimated at R200 billion threatens service delivery in South Africa’s economic powerhouse. Analysts warn that years of poor oversight, mounting debt and a…
5 Jun 5AM 7 min

Ebola outbreak in DRC grabs global attention - perfect storm of war, fear, and disease

John McDermott explores the unfolding Ebola outbreak in eastern Democratic Republic of Congo, unpacking how transmission occurs, why the crisis is spreading, and what makes this strain particularly dangerous. He examines strained health systems, limited aid funding, and the challenge of vaccine development. The discussion situates the outbreak within broader…
4 Jun 7AM 26 min