A crowdsale for a 165 kilowatt (kW) solar plant to power Groot Constantia’s winemaking facilities and restaurants is now being hosted on the Sun Exchange platform.

Through this crowdsale, people across South Africa and the globe can easily buy solar cells for R64 per cell, which will be installed in the solar plant that will power Groot Constantia. Once the 43,448 available solar cells are sold, the solar plant is built and starts generating electricity.

Via the Sun Exchange platform, Groot Constantia will pay solar cell owners for the clean energy they produce for 20 years. The solar project crowdsale will run throughout the month of July until all solar cells sell out.

The Sun Exchange model enables Groot Constantia to access solar power at a rate lower than standard utility rates, while solar cell owners earn a stream of solar-powered income and support the estate’s transition to clean energy. The solar plant will help avoid an estimated 4,700 tonnes of carbon emissions in its lifetime.

Protecting, conserving heritage and natural beauty

“For centuries, Groot Constantia has been a place where people from across South Africa and the world come together to enjoy great wine and South Africa’s heritage and natural beauty. Now, we’re looking to the future and working with Sun Exchange to bring together a global community to be part of our solar project. This enables us to protect and conserve that heritage and natural beauty,” says Jean Naudé, CEO, Groot Constantia.

Courtesy of Bizcommunity – read full article here.