hi

WELCOME TO OUR PRESS OFFICE

SolarSaver provides customised rent-to-own rooftop solar photovoltaic solutions, with no capital investment requirement. We’re sharing news, images and video as we help businesses all around South Africa and Namibia to go green and save costs.
SolarSaver/News/Victoria-Yards.jpg

The relentless hammering that South Africans endured during the recent phase of stage 4 load shedding has local businesses eyeing solar photovoltaic (PV) installations as a potential way to safeguard business continuity in the face of Eskom’s power supply issues.  Unfortunately, solar on its own doesn’t protect against load-shedding without the inclusion of substantial battery storage and few business owners are in a position to fund the capital expenditure required just yet. But what if there were no other options and going off the grid with solar was already an absolute necessity?  An innovative new urban complex on the outskirts of Johannesburg’s CBD will soon have solar energy as its primary source of power - and the lessons learned there may prove invaluable.

As Eskom resorts to turning off the lights yet again, businesses are looking for ways to lessen their dependence on the beleaguered national power provider. “The long-term risk to business continuity and sustainability is very concerning. Business owners cannot afford to sit on their hands and trust that government will resolve the situation, especially when alternative options are becoming more readily available,” says Tim Frankish, Managing Director of international solar energy company SolarSaver. 

Social Media

The SolarSaver group offers clients a unique solar rental solution that does not require them to put up any capital or financial guarantees. SolarSaver’s uniqe rent-to-own contract allows businesses to save on their monthly electricity bills through using roof and parking spaces to generate renewable solar power without any capital outlay, or the requirement to invest in the expertise to build and operate a solar installation. The concept has proven extremely popular and SolarSaver now runs the largest fleet of self-financed roof-top solar installations in Southern Africa.

Much of SolarSaver’s initial growth was in Namibia, but the group is now increasingly focused on the South African market, thanks in large part to substantial investment backing from the Pembani-Remgro Infrastructure Fund (PRIF), a US$435m private equity fund established by Phuthuma Nhleko and Johann Rupert that focuses on infrastructure and energy-related investments in Africa.

SolarSaver has completed over 100 projects in South Africa and Namibia. Installations include systems for shopping centres, service stations, hotels, hospitals and factories. Sedgeley Energy is the technical service provider to Solar Saver and is responsible for the installation, administration and maintenance of the rental portfolio.

Tim Frankish
Managing Director
SolarSaver


Tim was one of the founders of SolarSaver and is ultimately responsible for developing and implementing the unique financing structure and service offering of the SolarSaver group. Tim obtained a Master’s degree in quantitative finance from the University of Cape Town before qualifying as a Chartered Accountant with PricewaterhouseCoopers in Johannesburg. He has extensive experience in corporate finance and investment management, having worked at Bravura Capital, a boutique international corporate advisory and investment house for 10 years.  
   
   
PR contact:
Sibongiseni Ngamile
Account Manager
Connect Media
+27 (0) 79 908 2362
+27 (0)11 886 0211
sibo@connectmedia.co.za

 
PR Contact: Tamaryn Brown
Managing Director
Connect Media
+27 (0) 84 3510560
+27 (0)11 886 0211
tamaryn@connectmedia.co.za

Bidvest Namibia

Burger King Pretoria

Engen Oshikuku

Engen Outapi

Puma Energy

Puma Eveline Street

Hatfield VW Braamfontein SA

Total Fourways Otavi

Valyland Centre FishHoek SA

Lady Pohamba Hospital Windhoek Namibia

The Desert Grace Namib Desert Namibia

Ice Cash & Carry rents the sun

Nambwa Tented Lodge

Constantia Uitsig

Mtuba Mall KZN

Lifestyle Square Rustenburg