Commercialisation of Large Scale Solar Water Heating Systems

Purpose

To establish a facility for Solar Water Heating (SWH) to scale-up current activities in large scale SWH-applications.

Main Activities

  • Develop a business plan for a €1.5 million SWH investment facility, demonstrating the financial potential for large scale SWH installations;
  • Provide an additional €250,000 required for facility development, EDS and management fees;
  • Secure financial commitment from prospective financiers and donors with a background in renewable energy, energy efficiency, sustainable development and corporate social responsibility;
  • Organise a market development and training workshop with all stakeholders;
  • Develop investment opportunities by engaging E+Co's network partners in South Africa;
  • Implement the facility.
  • Evaluate the results and decide whether a full scale self-sustaining Fund is justifiable.

Expected Impact

  • Increased dissemination of clean, reliable and affordable SWH systems combining the benefits of renewables and energy efficiency and applying appropriate financial techniques;
  • Provision of approx. 200,000 litres of hot water/day to approx. 4,200 individuals through the financed SWH systems;
  • Development of concept for a financially sustainable stand-alone SWH investment fund with investment capital of approx. 15 million.

Project Information

Programme sector: 

Renewable Energy (RE) (Business&Finance)

Stage of project: 

Completed

Location: 

ZA/South Africa

Duration: 

2006 - 2008

Budget: 

€ 250,000 including co-funding from Energyhouse Africa (TAS) E+Co Africa

Implementing agency: 

E+Co

REEEP grant funded by:

Government of the United Kingdom

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